Arabica Star proposes statutory reserve balance transfer to retained earnings

08:40 AM (Mecca time) Argaam
Logo ofArabica Star Co.

Logo of Arabica Star Co.

Arabica Star Co.’s board of directors recommended on Feb. 4 to transfer the statutory reserve balance to the retained earnings.

 

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According to a statement to Tadawul, the statutory reserve balance amounted to SAR 848,000, as per the financial report statement ended Dec. 31, 2023.

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