Element List	Explanation
Introduction	Taqat Mineral Trading Company announces that accumulated losses have reached 24.80% of its capital, coinciding with the announcement of its annual financial results ending December 31, 2025.
Date of Posting the Previous Announcement of Development on Saudi Exchange’s Website	2026-03-31 Corresponding to 1447-10-12
Hyperlink to the Previous Announcement	Click Here
Change on the Development	Accumulated losses reached 24.80% of the capital, with the date of the losses being recorded as of December 31, 2025, coinciding with the announcement of the annual financial results. The amount of accumulated losses is SAR 30,221,603, and the reasons for this are the increased cost of raw materials (scrap iron), increased operating and administrative expenses, and the company incurring non-cash losses (increased asset provisions). The procedures and instructions applicable to companies listed on the Saudi Stock Exchange whose accumulated losses have reached 20% or more of their capital will be applied.
Financial Impact on the change	Not applicable