Avalon Pharma recommends transfer of SAR 25.3M statutory reserves to retained earnings

17/04/2025 Argaam

Avalon Pharma recommends transfer of SAR 25.3M to retained earnings

Logo of Middle East Pharmaceutical Industries Co. (Avalon Pharma)

Middle East Pharmaceutical Industries Co.'s (Avalon Pharma) board recommended today, April 17, transferring the statutory reserve balance of SAR 25.3 million, as per 2024 financial report, to the retained earnings, according to a statement to Tadawul.

 

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