Fad approves statutory reserve transfer to retained earnings

24/12/2025 Argaam- Nomu
Fad’s statutory reserve stood at SAR 1.97 mln as of Dec. 31, 2024, and June 30, 2025

Fad’s statutory reserve stood at SAR 1.97 mln as of Dec. 31, 2024, and June 30, 2025

Fad International Co. said its shareholders approved the transfer of the company’s entire statutory reserve to retained earnings during the extraordinary general meeting (EGM) held on Dec. 23.

 

The statutory reserve stood at SAR 1.97 million as of Dec. 31, 2024, and June 30, 2025, the company said in a Tadawul statement.

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