Petro Rabigh: corrective measures for accumulated losses are under study and preparation, to be published in Q2

Rabigh Refining and Petrochemical Co. (Petro Rabigh) announced on Sunday that the corrective measures that the company will take regarding the accumulated losses are under study and development. This will be included in the announcement of the annual financial statements for the fiscal year 2023, which will be published during the current quarter.

This comes with reference to the announcement of Rabigh Refining and Petrochemical Company (Petro Rabigh) regarding its accumulated losses reaching 38.34% of the capital.