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Correction announcement from Al Gassim Investment Holding Co. in regards to Al Gassim Investment Holding Co. announces its Interim Financial results for the Period Ending on 2024-06-30 ( Six Months )

GACO 6020 -3.94% 18.31 -0.75
Element List Explanation
Date of Publishing the Previous Announcement Sought to be Corrected on Saudi Exchange’s Website 2024-08-11 Corresponding to 1446-02-07
Hyperlink to the Previous Announcement Click Here
Incorrect statements in the previous announcement The reason for the loss for the current quarter is mainly due to the increase in the value of the Zakat provision formed during the current period, and the increase in general and administrative expenses compared to the same quarter of the previous year, despite the recording of dividends from financial assets at fair value through profit or loss during the current period that were not present in the same quarter of the previous year.
Correct Statement The reason for the loss for the current quarter is mainly due to the increase in the value of the Zakat provision formed during the current quarter , and the increase in general and administrative expenses compared to the same quarter of the previous year

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