Logo of National Gypsum Co.
National Gypsum Co.’s board of directors approved today, Dec. 30, the adoption of the fair value (FV) model for the valuation of investment properties.
In a statement to Tadawul, the company said it expects its net assets to be positively impacted after applying this model, with an estimated increase of approximately SAR 250 million.
It added that the actual financial impact on the net assets will be determined through the accounting of the FV model within the financial statements for the period ending on March 31, 2026 — when the related financial impact is also expected to materialize.
The adoption of the new accounting policy will not result in any additional cash flow for the company, it noted.
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