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Lazurde shareholders approve profit transfer
Lazurde Jewelry Company agreed to transfer the entire statutory reserve balance of 27.81 million SAR to retained earnings. The General Assembly decided to distribute interim profits on a semi-annual or quarterly basis for 2026. It also approved the financial reports and the appointment of the auditor, while rejecting the delegation of authority to the Board of Directors by the Ordinary General Assembly. The assembly was held with a attendance rate of 15.60% through modern electronic means.
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