| Element List |
Explanation |
| Introduction |
With reference to the announcement of Rabigh Refining and Petrochemical Company (Petro Rabigh) regarding its accumulated losses reaching 38.34% of the capital, the Company would like to clarify to the shareholders that the corrective measures that the company will take regarding the accumulated losses are under study and development. Which will be included in the announcement of the annual financial statements for the fiscal year 2023, which will be published during the current quarter. |
| Date of Posting the Previous Announcement of Development on Saudi Exchange’s Website |
2024-01-16 Corresponding to 1445-07-04 |
| Hyperlink to the Previous Announcement |
Click Here |
| Change on the Development |
The corrective measures will be included in the announcement of the annual financial statements for the fiscal year 2023, which will be published during the current quarter. |
| Financial Impact on the change |
Not Applicable |
| Additional Information |
Not Applicable |
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