4080 · 29/12/2021 15:42:00 · Announcement #66123 · View on Saudi Exchange

Aseer For Trading, Tourism, Industry Company announces board of directors approval to use portion of statutory reserve to off-set accumulated losses as of 30-09-2021

Element ListExplanation
Announcement Detail Aseer For Trading, Tourism, Industry, Agriculture, Real Estate And Contracting Company announces the approval of its Board dated 25-05-1443 AH corresponding to 29-12-2021 to utilize a portion of the SAR 311,666,945 statutory reserve amounting to SAR 92,417,116, in order to off-set the accumulated losses, which represent 7.31% of capital according to September 30th, 2021, reviewed financial statements.

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