Logo of Nayifat Finance Co.
Nayifat Finance Co.’s board of directors recommended today, Jan. 5, to the ordinary general meeting transferring the company’s entire statutory reserve of SAR 69.65 million to the retained earnings balance. 
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The statutory reserve will be transferred as of Sept. 30, 2024, the company said in a statement to Tadawul.
Logo of Nayifat Finance Co.
Nayifat Finance Co.’s board of directors recommended today, Jan. 5, to the ordinary general meeting transferring the company’s entire statutory reserve of SAR 69.65 million to the retained earnings balance.
For more news on listed companies
The statutory reserve will be transferred as of Sept. 30, 2024, the company said in a statement to Tadawul.
