Atlas Elevators seeks to transfer SAR 3.3M statutory reserve to retained earnings

01/04/2024 Argaam

Atlas Elevators seeks to transfer SAR 3.3M statutory reserve to retained earnings

Logo of Atlas Elevators General Trading & Contracting Co.

Atlas Elevators General Trading & Contracting Co.’s board of directors recommended, on March 31, the transfer of the company’s statutory reserve, amounting to SAR 3.27 million as of Dec. 31, 2023, to the retained earnings account, according to a statement to Tadawul.

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