Development Works Food Co announces that it has not been able to publish its annual financial results ending on 12-31-2020 AD on the Saudi Stock Exchange website (Tadawul) on time Development Works Food Co. Announces
| Element List | Explanation |
|---|---|
| Announcement Detail | Development Works Food Co announces that it has not been able to publish its annual financial results ending on 12-31-2020 AD on the Saudi Stock Exchange website (Tadawul) on time due to failure to complete the requirements of the review process for the financial statements for the year 2020 before 31-03-2021, that is because many of accountants were infected with Covid 19, which caused the entire financial department to be closed.
(Development Works Food Co) expects the external auditor to complete the audit work and publish the consolidated annual financial statements on April 15-2021.
Note that the procedures for suspending trading in listed securities will be implemented in accordance with the listing rules approved by the Capital Market Authority Board Decision No. (10-1-2019) dated 05-24-1440H corresponding to 01-30-2019 AD and announced on (Tadawul) website on March 25th. 2019. |
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