Lamasat to transfer SAR 3.4M statutory reserve to retained earnings

Lamasat shareholders approved the transfer during an EGM on Dec. 22

Lamasat 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. 22.

 

The statutory reserve stood at SAR 3.4 million as of June 30, 2025, the company said in a Tadawul statement.

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