SARCO
Saudi Arabian Refineries Company

Saudi Arabian Refineries Company (SARCO) announces the Board of Directors’ recommendation to transfer the statutory reserve balance to retained earnings.

Element List Explanation
Announcement Detail Saudi Arabian Refineries Company (SARCO) announces the recommendation of its Board of Directors dated 02/13/1447 AH corresponding to 08/07/2025 AD to the Extraordinary General Assembly to approve the transfer of the entire balance of the statutory reserve amounting to 31,693,154 Saudi Riyals (thirty-one million, six hundred and ninety-three thousand, one hundred and fifty-four Saudi Riyals) as in the annual financial statements ending on 31/12/2024 AD to the balance of retained earnings.

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