Sure Global’s board recommends transferring statutory reserve to retained earnings

04/04/2024 Argaam

Sure Global’s board recommends transferring statutory reserve to retained earnings

Logo of Sure Global Tech Co.

Sure Global Tech Co.’s board of directors recommended on April 3 to transfer the statutory reserve balance amounting to SAR 5.76 million to the retained earnings, according to a statement to Tadawul.

 

The statutory reserve is based on the annual financial statements ended on Dec. 31, 2023, the statement added.

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