4019 · 29/07/2025 15:50:41 · Announcement #89083 · View on Saudi Exchange

Specialized Medical Company (SMC Healthcare) announces the Board of Directors' recommendation to transfer the statutory reserve balance to retained earnings

Element ListExplanation
Announcement Detail Specialized Medical Company (SMC Healthcare) announces the Board of Directors’ recommendation, dated 04-03-1447H (corresponding to 29-07-2025G), to the General Assembly to approve the transfer of the entire balance of the statutory reserve amounting to SAR 49,653,238 as per the audited annual consolidated financial statements for the fiscal year ended on 31 December 2024G, and the reviewed interim condensed consolidated financial statements for the second quarter ended on 30 June 2025G to the retained earnings.

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