ALRASHID INDUSTRIAL

01 May, 2024 08:16

Al Rashid Industrial Co. Announces an update on The company's previous announcement that it was unable to publish its annual financial results ending on 31-12-2023 on Tadawul website

Element ListExplanation
Introduction With reference to the announcement of Al-Rashed Company for Industry on Tadawul website on 21/09/1445H corresponding to 31/03/2024G that it was unable to publish the annual financial results for the period ending on 31-12-2023G, and the addendum announcement on 23/09/1445H corresponding to 02/04/2024G stating that the company will announce the developments of the inability to publish the financial results on a monthly basis and any material developments in this regard in a timely manner, and accordingly, Al-Rashed Industrial Company would like to announce to its valued shareholders that the audit of the annual financial results for the period Ending on 2023-12-31 AD is still in place and in its final stages, and the company's management is working to publish the financial statements within the specified additional deadline, which ends on May 6, 2024
Previous Announcement The company's previous announcement that it was unable to publish its annual financial results ending on 31-12-2023 on Tadawul website
Date of Previous Announcement on Saudi Exchange’s Website 2024-03-31 Corresponding to 1445-09-21
Hyperlink to the Previous Announcement on the Saudi Exchange Website Click Here
Latest Developments Of The Announced Event Al-Rashed Industrial Company would like to announce to its valued shareholders that the review of the annual financial results for the period ending on 2023-12-31 AD is still ongoing and in its final stages, and the company's management is working to publish the financial statements within the specified additional deadline, which ends on May 6, 2024.
The costs associated with the event, and if they have changed or not with indication of the reasons. There are no costs associated with the event during the current period and the financial impact will be announced later, if any.
Additional Information The procedures for suspending trading of listed securities will be applied in accordance with the Listing Rules approved by the CMA Board Resolution No. (1-10-2019) dated 24-05-1440H corresponding to 30-01-2019G and announced on Tadawul website on 25 March 2019G.

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