UFG board proposes transferring SAR 26.3M reserve to retained earnings

14/05/2025 Argaam
Logo ofArabian United Float Glass Co. (UFG)

Logo of Arabian United Float Glass Co. (UFG)


Arabian United Float Glass Co.’s (UFG) board of directors recommended transferring the company's statutory reserve of SAR 26.3 million, as per 2024 financial statements, to the retained earnings balance.

 

The proposal came during the board meeting held on May 13, according to a statement to Tadawul.

 

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