Dkhoun shareholders OK transfer of SAR 2.4M statutory reserve to retained earnings

Dkhoun National Trading shareholders authorizes board to pay interim dividend distributions for 2025; approves transfer of SAR 2.43 million statutory reserves to retained earnings

Dkhoun National Trading Co.’s said its shareholders on Dec. 16 approved transferring the company’s statutory reserve balance of about SAR 2.44 million to retained earnings, as reflected in the interim financial statements for the six months ended June 30, 2025.

The shareholders also authorized the company’s board to distribute interim dividends to shareholders on a semi-annual or quarterly basis for 2025, Dkhoun said in a statement to Tadawul on Dec. 17.

They further approved amendments to several articles of the company’s bylaws, including a revision of Article 2 to change the company’s name from “Dkhoun National Trading Co., a closed Saudi joint-stock company” to “Dkhoun National Trading Co., a listed Saudi joint-stock company.”

According to Argaam data, Dkhoun’s shares were listed and began trading on the Nomu-Parallel Market on May 20, 2025, at SAR 121 per share.