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Saudi Cable Company announces the latest updates regarding the previous Company announcement regarding its inability to publish the annual financial results for the period ending on 31 December 2023
| Element List | Explanation |
|---|---|
| Introduction | Referring to the previous announcement from the Saudi Cable Company on 21/09/1445 corresponding to 31/03/2024 regarding its inability to publish the annual financial results for the period ending on 31 December 2023, and setting the expected date for publishing the financial results as no later than April 21, 2024. Saudi Cable Company would like to announce to its shareholders that the audit process for the annual financial results for the period ending on 31/12/2023 is still ongoing and in its final stages, and the company’s management is working to publish the financial statements during the period specified for trading the stock, which ends by the end of the working day of May 6, 2024. |
| Previous Announcement | The previous Company announcement regarding its inability to publish the annual financial results for the period ending on 31 December 2023 |
| 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 | Saudi Cable Company would like to announce to its shareholders that the audit process for the annual financial results for the period ending on 31/12/2023 is still ongoing and in its final stages, and the company’s management is working to publish the financial statements during the period specified for trading the stock, which ends by the end of the working day of May 6, 2024. 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 will be announced in due course, and in relation to the annual report of the Board of Directors for the year 2023, and since the report is related to the company's financial results, and accordingly, the annual report of the Board of Directors for the year 2023 will be published after the adoption and publication of the annual financial results for the financial period ending on December 31, 2023. |
| 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 at the moment, the financial impact will be disclosed later if it exists. |
| Additional Information | The company would like to clarify that the procedures for suspending trading of listed securities will be applied according to the listing rules approved by the CMA Board decision No. (1-10-2019) dated on (24-05-1440 H) corresponding (30-01-2019) and announced on (Tadawul) on March 25, 2019. |
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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Company Performance
Key Parameters
Last Price 136.8
Net Change -0.5 (-0.36%)
Value Traded (Sar) 1,049,172.7
Volume Traded 7,631
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