Saudi Top board recommends transferring statutory reserve to retained earnings

31/12/2025 Argaam- Nomu
Saudi Top’s board recommended transferring the entire statutory reserve balance to the retained earnings account

Saudi Top’s board recommended transferring the entire statutory reserve balance to the retained earnings account

Saudi Top for Trading Co.’s board recommended on Dec. 30 transferring the entire statutory reserve balance to the retained earnings account.

 

In a statement to Tadawul, the company said that the statutory reserve balance stands at SAR 5.72 million, as shown in 2024 financial statements, and the preliminary financial statements for the period ended Sept. 30, 2025.

 

The recommendation will be submitted for approval at the company’s upcoming general assembly meeting, the statement said.

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