Money and business

“Jana Medical” recommends not to distribute profits due to the accumulated losses


The Board of Directors recommended a company "Jana Medical" Not to distribute cash dividends to shareholders for the fiscal year 2024, due to the accumulated losses of the company during that year. "Saudi Arabia trading"Today, Wednesday, by presenting this recommendation to vote during the next meeting of the General Assembly. "Jana Medical"Last April, it announced its accumulated losses of 13.029 million riyals, with 40.55% of its capital, based on the annual financial results of the fiscal year 2024 closed on December 31, 2024.

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