Publisher: Maaal International Media Company
License: 465734
Wednesday, 23 April 2025
Retal Recommends Transferring Reserves to Retained Earnings
Retal Urban Development Co. said on Sunday its board of directors has recommended transferring SAR 83 million ($22.1 million) from statutory reserves and SAR 8.1 million from reserves for changes in ownership shares in a subsidiary to retained earnings.
The proposal will be presented to the company’s General Assembly for approval, Retal said in a statement.
Articles
© 2025 All rights reserved to Maaal Newspaper