Fad plans SAR 2M statutory reserve transfer to retained earnings

04:08 PM (Mecca time) Argaam- Nomu
Fad’s board recommended transferring the statutory reserve of SAR 1.97 million to retained earnings

Fad’s board recommended transferring the statutory reserve of SAR 1.97 million to retained earnings

Fad International Co.’s board of directors recommended today, Nov. 23, the transfer of the entire balance of the company’s statutory reserve to the retained earnings account.

 

In a statement to Tadawul, the company said the statutory reserve amounted to SAR 1.97 million as per the 2024 annual financials and the preliminary H1 2025 income statement.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.