Al-Razi recommends statutory reserve transfer to retained earnings

21/10/2024 Argaam
Logo ofAl-Razi Medical Co.

Logo of Al-Razi Medical Co.

Al-Razi Medical Co.’s board of directors recommended on Oct. 20 to transfer the company's statutory reserve balance to its retained earnings balance.

 

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In a statement to Tadawul, the company said the amount stands at SAR 561,320, according to the annual financial statements for the period ended June 30, 2024.

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