Al Mawarid to transfer SAR 45M statutory reserve to retained earnings

11/08/2025 Argaam
Logo ofAl Mawarid Manpower Co.

Logo of Al Mawarid Manpower Co.

Al Mawarid Manpower Co.’s board of directors recommended, during an extraordinary general meeting (EGM) on Aug. 10, the transfer of the company’s statutory reserve to the retained earnings.

 

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In a statement to Tadawul, the company said that its statutory reserve amounted to SAR 45 million as of the Dec. 31, 2024, and the interim consolidated financial statements as of June 30, 2025.

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