Burgerizzr board proposes transfer of statutory reserve to retained earnings

27/02/2024 Argaam

Burgerizzr board proposes transfer of statutory reserve to retained earnings

Logo of Shatirah House Restaurant Co. (Burgerizzr)

The board of Shatirah House Restaurant Co. (Burgerizzr) on Feb. 26 recommended transferring the company's entire statutory reserve to retained earnings.

 

The statutory reserve reached SAR 5.83 million, as of Dec. 31, 2023, the company said in a statement on Tadawul.

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