Al-Battal Factory shareholders approve continuation despite losses

The Al-Bettal Chemical Industries Factory Company has decided to continue its operations despite losses exceeding 50% of its capital, in accordance with the resolution passed by the Extraordinary General Assembly held in Dammam with the attendance of 63.79% of the shareholders. The shareholders also granted the Board of Directors authorization to distribute interim profits for the year 2026. Additionally, the assembly approved the financial statements for the year ending December 31, 2025.

Size: 120%Text Size

Notice: This Is an AI-Generated Summary

Display The Full Article