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Service Equipment proposes moving full statutory reserve to retained earnings
31/08/2025
Argaam
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The board of directors of Service Equipment Co. recommended today, Aug. 31, the transfer of the entire statutory reserve balance amounting to SAR 600,000 as of June 30, 2025, to retained earnings.
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The board’s recommendation is subject to the approval of the upcoming extraordinary general meeting (EGM), the company said in a statement to Tadawul.
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