Keir in process to finalize 2024 and H1 2025 financial statements
Keir International Co. said in a statement to Tadawul that it is unable to post interim financial results for the six-month period ended on June 30, 2025.
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The company attributed this delay to the external auditor being unable to complete the auditing process, and issue its report on the annual financial statements for the year ended Dec. 31, 2024.
This delay is not related to the company’s operating activities, the statement added.
All renewed requirements from the external auditor have been fulfilled, and certain accounting treatments related to specific items have been discussed, with executive management committed to promptly providing all required documents and data on an ongoing basis.
The company is also working to conclude its discussions with the external auditor regarding certain necessary audit requirements, with a view to finalizing the audit of the annual financial statements for 2024 and the preliminary financial results for the six-month period ended June 30, 2025, during the fourth quarter of 2025.
In May, the Saudi Exchange (Tadawul) placed a trading halt on the company's shares, until the annual financial statements for 2024 are disclosed, data compiled by Argaam showed.
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