SARCO board proposes SAR 31.7M statutory reserve transfer to retained earnings

10/08/2025 Argaam
Logo ofSaudi Arabian Refineries Co. (SARCO)

Logo of Saudi Arabian Refineries Co. (SARCO) 

Saudi Arabian Refineries Co. (SARCO) said its board of directors recommended transferring its entire statutory reserve of SAR 31.69 million to retained earnings.

 

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The recommendation, made on Aug. 7, is based on the audited annual consolidated financial statements for 2024, the company said in a statement to Tadawul.

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