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Addendum announcement from L'azurde Company for Jewelry related to the interim financial results for the period ending on 30-09-2017 (Nine Months)

LAZURDE 4011 33.50% 16.18 4.06

Further to L'azurde announcement published on Tadawul's website on 02-11-2017, that relates to announce its interim financial results for the period ending on 30-09-2017 (Nine Months), L'azurde Company for Jewelry announces addendum that the External Auditors' limited review report contained other matter as follow:

The consolidated financial statements of the Group for the year ended 31 December 2016, on which a predecessor auditor has issued an unqualified audit opinion dated 15 Jumad Thani 1438H (corresponding to 14 March 2017G), prepared under Accounting Standards Generally Accepted in the Kingdom of Saudi Arabia. However, as part of our review of the accompanying interim condensed consolidated financial statements, we have performed certain procedures on the adjustments to these comparative figures required for presentation under International Financial Reporting Standards that are endorsed in the Kingdom of Saudi Arabia and other standards and pronouncements that are issued by the Saudi Organization for Certified Public Accountants.

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