‎CGS proposes statutory reserve transfer to retained earnings

‎CGS proposes statutory reserve transfer to retained earnings ‎CGS proposes statutory reserve transfer to retained earnings

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CGS statutory reserve balance stood at SAR 300,000 as of Dec. 31, 2025

Consolidated Grunenfelder Saady Holding Co.’s (CGS) board of directors recommended, on March 5, transferring the company’s entire statutory reserve balance to retained earnings, according to a statement to Tadawul.

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The statutory reserve balance amounts to SAR 300,000, as per the latest financial statements for the period ended Dec. 31, 2025, the statement added.

 

CGS statutory reserve balance stood at SAR 300,000 as of Dec. 31, 2025

Consolidated Grunenfelder Saady Holding Co.’s (CGS) board of directors recommended, on March 5, transferring the company’s entire statutory reserve balance to retained earnings, according to a statement to Tadawul.

The statutory reserve balance amounts to SAR 300,000, as per the latest financial statements for the period ended Dec. 31, 2025, the statement added.

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