SABIC EGM to vote on SAR 110.9B general reserve transfer to retained earnings on Dec. 31

10/12/2025 Argaam
SABIC’s retained earnings balance stood at SAR 28.1 billion as per interim financial statements for the period ended Sept. 30, 2025.

SABIC’s retained earnings balance stood at SAR 28.1 billion as per interim financial statements for the period ended Sept. 30, 2025.

Saudi Basic Industries Corp.’s (SABIC) shareholders are set to vote on transferring the general reserve balance to the retained earnings account during the extraordinary general meeting (EGM) slated for Dec. 31.

 

In a statement to Tadawul, the company said the general reserve balance reached SAR 110.9 billion, as stated in the annual consolidated financial statements for 2024 and the interim consolidated financial statements for the third quarter ended Sept. 30, 2025.

 

According to data available with Argaam, SABIC’s retained earnings balance stood at SAR 28.1 billion as per interim financial statements for the period ended Sept. 30, 2025.

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