Alkhlaeej Training cuts accumulates losses to 6% of capital

16/05/2024 Argaam

Alkhaleej Training and Education Co. reduced on May 9 accumulated losses from 28.72% to 5.94% of the company's capital of SAR 650 million as of March 31, 2024.

 

The company used SAR 83.04 million from its statutory reserve to reduce its SAR 38.66 million accumulated losses, the company said in a Tadawul statement.

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