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AYYAN Investment Co. Announces the Decrease of its Accumulated Losses to 16.2 % of the Capital
| Element List | Explanation |
|---|---|
| Introduction | With reference to the announcement of Ayyan Investment Company dated 08-11-1446 H corresponding to 06-05-2025 G regarding the Interim Financial results for the period ended 31-03-2025 G. The Company would like to announce a decrease in accumulated losses from 40.84%, amounting to SAR 410,983,771, as of December 31, 2024, to 16.2%, amounting to SAR 163,672,468, as of March 31, 2025. |
| Date of accumulated losses decrease | 2025-03-31 Corresponding to 1446-10-02 |
| Amount of the Accumulated Losses | The accumulated losses currently amount to SAR 163,672,468 ,representing 16.2 % of the capital. |
| Percentage of the Accumulated Losses out of the Capital (%) | 16.2 % |
| Measures Taken by the Company to Decrease Accumulated Losses | The decrease in accumulated losses is primarily due to Achieve profits from the material transaction, which involved the sale of all the company's shares in both Al-Ahsa Medical Services Company and Al-Salam Medical Services Company. The transaction profits amounted to SAR 418,061,803 |
| The external auditor’s report clarifying the financial position of the company |  |
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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Net Change 0.08 (+0.58%)
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