‎Al Majdiah board recommends full transfer of statutory reserve to retained earnings

‎Al Majdiah board recommends full transfer of statutory reserve to retained earnings ‎Al Majdiah board recommends full transfer of statutory reserve to retained earnings

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Logo ofDar Al Majed Real Estate Co. (Al Majdiah)

Dar Al Majed Real Estate Co.’s (Al Majdiah) board of directors recommended, on Nov. 6, the transfer of the entire statutory reserve balance to retained earnings.

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In a statement to Tadawul, the company said the statutory reserve amounts to SAR 44.6 million, as reported in the audited annual consolidated financial statements for Q3 2025.

 

Logo ofDar Al Majed Real Estate Co. (Al Majdiah)

Dar Al Majed Real Estate Co.’s (Al Majdiah) board of directors recommended, on Nov. 6, the transfer of the entire statutory reserve balance to retained earnings.

In a statement to Tadawul, the company said the statutory reserve amounts to SAR 44.6 million, as reported in the audited annual consolidated financial statements for Q3 2025.

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