Mufeed board recommends transfer of SAR 3.5M statutory reserve to retained earnings

28/05/2025 Argaam
Logo of Mufeed Co.

Logo of Mufeed Co.

Mufeed Co.’s board of directors recommended on May 27 transferring the statutory reserve balance of SAR 3.5 million to retained earnings, the company said in a statement to Tadawul.

 

The statutory reserve is based on the annual financial statements for the year ended Dec. 31, 2024, the statement added.

 

Mufeed was listed in the Nomu-Parallel market in Nov. 2024, according to Argaam data.

 

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.