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Development Works Food Co. Announces the Decrease of its Accumulated Losses to 19.13 % of the Capital
6013
DWF
-1.97
%
1447/02/12 06/08/2025 15:37:08
| Element List | Explanation |
|---|---|
| Introduction | Development Works Food Co. announces a reduction in its accumulated losses to 19.13% of its capital. |
| Date of accumulated losses decrease | 2025-06-30 Corresponding to 1447-01-05 |
| Amount of the Accumulated Losses | The accumulated losses currently amount to SAR 5,740,310, which represents 19.13% of the capital. |
| Percentage of the Accumulated Losses out of the Capital (%) | 19.13 % |
| Measures Taken by the Company to Decrease Accumulated Losses | This decrease in accumulated losses is due to the achievement of comprehensive income during the first half of 2025 amounting to SAR 2,508,513. The company also affirms its commitment to taking the necessary measures to address these losses and improve the company's financial performance. Management is currently working to improve operational efficiency and explore new opportunities to increase revenue. |
| The external auditor’s report clarifying the financial position of the company |  |
| Additional Information | Attached is the external auditor's report, which includes the company's financial position statement as of June 30, 2025. |
| Attached Documents | |
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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Key Parameters
Last Price 97.2
Net Change -1.95 (-1.97%)
Value Traded (Sar) 2,153,190.2
Volume Traded 21,974
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