Saudi Top Trading Company announces the Board of Directors' recommendation to transfer the statutory reserve balance to retained earnings. | premargin

Saudi Top Trading Company announces the Board of Directors' recommendation to transfer the statutory reserve balance to retained earnings.

TadawulDecember 31, 2025View on exchange

Element List	Explanation
Announcement Detail	Saudi Top Trading Company announces that its Board of Directors, in its meeting dated December 30, 2025, recommended transferring the entire statutory reserve balance of SAR 5,717,534, as shown in the financial statements for the fiscal year ending December 31, 2024, and the preliminary financial statements for the period ending September 30, 2025, to retained earnings. This recommendation will be presented for a vote at the upcoming General Assembly meeting and is subject to shareholder approval.

Element List

Explanation

Announcement Detail

Saudi Top Trading Company announces that its Board of Directors, in its meeting dated December 30, 2025, recommended transferring the entire statutory reserve balance of SAR 5,717,534, as shown in the financial statements for the fiscal year ending December 31, 2024, and the preliminary financial statements for the period ending September 30, 2025, to retained earnings.

This recommendation will be presented for a vote at the upcoming General Assembly meeting and is subject to shareholder approval.