Logo of Almuneef Co. for Trade, Industry, Agriculture and Contracting
Almuneef Co. for Trade, Industry, Agriculture and Contracting’s board of directors recommended on April 3 the transfer of the statutory reserve balance, amounting to SAR 4.11 million, to retained earnings.
In a statement to Tadawul, the company said the statutory reserve balance is as reported in the financial statements for the period ended on Dec. 31, 2023.
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