Monday, 21 April 2025

ALMUNEEF Recommends Transferring Statutory Reserve to Retained Earnings

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Almuneef Trading, Industry, Agriculture and Contracting Co. announced on Monday that its Board of Directors recommended to the General Assembly to approve the transfer of the statutory reserve balance amounting to SAR 4.1 million, based on the financial statements for the year ending December 31, 2024, into retained earnings.

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