Addendum Announcement from Taqat Mineral Trading Co. in regards to Annual financial results for 2023

11.33 %
1445/09/23     02/04/2024 16:33:03

Element ListExplanation
Date of Posting the Previous Announcement of Development on Saudi Exchange’s Website 2024-03-31 Corresponding to 1445-09-21
Hyperlink to the Previous Announcement Click Here
Change on the Development Increasing the number of company shares from 9,750,000 shares to 12,187,500 shares and increasing the company’s capital from 97,500,000 riyals to 121,875,000 riyals.
Financial Impact on the change Earnings (loss) per share in 2023 is -0.95 riyals and in 2022 it is 0.07 riyals. The percentage of accumulated losses after increasing the company’s capital to 121,875,000 riyals is 8.48%.
Additional Information Earnings (loss) per share were calculated based on the number of company shares as of December 31, 2023, which was 9,750,000 shares before the company was listed and the capital was raised. Accordingly, if the number of company shares after listing increased to 12,187,500 shares, the earnings (loss) per share in 2023 would be -0.95 riyals. In 2022, it is 0.07 riyals. The percentage of accumulated losses was calculated based on the company’s capital on December 31, 2023, which is 97,500,000 riyals, and the increase in the company’s capital to 121,875,000 riyals is 8.48%.

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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Last Price 17.1
Net Change 1.74 (+11.33%)
Value Traded (Sar) 231,457.34
Volume Traded 14,214
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