WSM board plans transfer of statutory reserve to retained earnings

09/12/2024 Argaam
Logo ofWSM Information Technology Co.

Logo of WSM Information Technology Co.

WSM Information Technology Co.’s board of directors recommended, on Dec. 8, the transfer of company’s statutory reserve balance to the retained earnings account, according to a statement to Tadawul.

 

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The statutory reserve balance stood at SAR 1.49 million as of June 30, 2024.

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