Al Kathiri Holding Delays H1 2026 Financial Results Review

ALKATHIRI

ALKATHIRI

3008.SA

0.00

On August 17, 2026, Al Kathiri Holding Company published an addendum announcement on the Saudi Exchange (Tadawul) as a follow-up to its previous announcement dated August 11, 2026, regarding its inability to publish preliminary financial results for the six-month period ended June 30, 2026, within the statutory deadline. The Company disclosed that review procedures remain ongoing, with progress made in addressing certain observations, while key requirements — including expected credit loss models, impairment tests, project completion percentages, external valuations, and cash flow forecasts — are still being finalized in coordination with the external auditor and relevant experts. The financial impact of the delay cannot be determined at this stage and will only be reflected upon completion of the review and approval by authorized parties. The Company reaffirmed its commitment to full regulatory compliance and pledged to disclose material developments, including an expected publication date for the financial results, as soon as they become available.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=97658&anCat=1&cs=3008&locale=ar

Note: The original announcement does not explicitly specify a currency unit. Figures above are reproduced as-is. Please refer to the original announcement for details.

Important Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.