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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
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ALRASHID INDUSTRIAL
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1445/10/22 01/05/2024 08:16:42
| Element List | Explanation |
|---|---|
| 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. |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
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