Logo of Jana Medical Co.
Jana Medical Co.’s board of directors recommended not distributing cash dividends for 2024, citing accumulated losses as of year-end, the company said in a statement on Tadawul today, June 4.
The recommendation, made on March 26, will be submitted for approval in the upcoming general assembly.
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According to data compiled by Argaam, Jana Medical reported accumulated losses of SAR 13.03 million as of Dec. 31, 2024, representing 40.55% of its capital.
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