Publisher: Maaal International Media Company
License: 465734
Friday, 9 May 2025
MEPCO BOD Recommends Transferring 135.3 Million Riyals from Statutory Reserve to Retained Earnings
Middle East Paper Co. announced on Tuesday that the board of directors has issued a recommendation by circulation to the general assembly to approve the transfer of the company’s entire statutory reserve to retained earnings. This amount, totaling 135,278,852 Saudi Riyals, is reflected in the audited financial statements dated 31/12/2023.
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