Petro Rabigh studies corrective measures for accumulated losses

21/01/2024 Argaam
Logo ofRabigh Refining and Petrochemical Co. (Petro Rabigh)

Logo of Rabigh Refining and Petrochemical Co. (Petro Rabigh)

Rabigh Refining and Petrochemical Co. (Petro Rabigh) said that corrective measures regarding the accumulated losses are under study and preparation, according to a statement on Tadawul.

 

Petro Rabigh will disclose these measures in the announcement of the annual financial statements for 2023, which will be published during the current quarter.

 

According to data compiled by Argaam, Petro Rabigh’s accumulated losses amounted to SAR 6.41 billion, representing 38.34% of the company’s SAR 16.71 billion capital, according to the unaudited financial statements for December 2023, closed on Jan. 16, 2024.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.