Element List	Explanation
Introduction	With reference to the announcement by the Saudi Industrial Development Company (SIDC) dated 12/10/1447H corresponding to 31/03/2026AD regarding the annual consolidated financial results for the period ended 31/12/2025AD (twelve months). The Company hereby announces the decrease in accumulated losses from 26.64% of its capital as of 30/09/2025AD, to (0%) of its capital as of 31/12/2025AD.
Date of accumulated losses decrease	2025-12-31 Corresponding to 1447-07-11
Amount of the Accumulated Losses	(Zero) SAR
Percentage of the Accumulated Losses out of the Capital (%)	0 %
Measures Taken by the Company to Decrease Accumulated Losses	Correction of the accounting treatment relating to SIDC’s transfer during the financial year ended 31 December 2023AD of the balance of the fair value reserve of financial assets measured at fair value through other comprehensive income, related to its investment in Arabian Industrial Fibers Company (Ibn Rushd), amounting to SAR (132.9) million as at the date of transfer, to accumulated losses before derecognition of the related asset, this was corrected by reversing the accounting entry for the transfer recorded at the end of the financial year 2023AD and restoring the balance of the fair value reserve of financial assets through other comprehensive income within equity and completion of the procedures to increase the Company’s capital from SAR (135) million to SAR (300) million.
The external auditor’s report clarifying the financial position of the company	The external auditor’s report clarifying the financial position of the company
Attached Documents	Attached Documents