February 7, 2025
‎Amiantit reduces all accumulated losses to nil

Logo ofSaudi Arabian Amiantit Co.

Saudi Arabian Amiantit Co.said that itsaccumulated lossesdecreasedto 0% of its capitalas ofFeb. 14.

In a statement to Tadawul, the company said the measures taken to reduce its accumulated losses included logging accounting profits of SAR 482.5 million.

This positive development was attributed to the successful completion of procedures related to the transfer of ownership of a subsidiary to Alinma Bank…
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