Logo of Al Jouf Cement Co.
Al Jouf Cement Co.’s accumulated losses decreased to 0.01% of capital by writing off 99.97% of accumulated losses as of Dec. 31, 2021, amounting to SAR 343 million, or 23.99% of the company’s capital, according to a bourse filing today, Sept. 8.
The company’s current capital stands at SAR 1.087 billion after the reduction, according to Argaam’s data.
Comments
{{DisplayName}}
{{ElapsedTime}}