Al Rashed Corrects Shareholders Equity for Three Months 2026
SALEH ALRASHED 1324.SA | 0.00 |
| Element List | Explanation |
|---|---|
| Date of Publishing the Previous Announcement Sought to be Corrected on Saudi Exchange’s Website | 2026-05-12 Corresponding to 1447-11-25 |
| Hyperlink to the Previous Announcement | Click Here |
| Incorrect statements in the previous announcement |
Total Shareholders Equity (after Deducting Minority Equity)
Current Period: 447,023,016
Similar period for previous year: 438,699,747
Change (%): 1.897% |
| Correct Statement |
Total Shareholders Equity (after Deducting Minority Equity)
Current Period: 430,844,265
Similar period for previous year: 370,451,195
Change (%): 16.303% |
Other Items
Saleh Abdulaziz Al Rashed and Sons Co. issued a correction announcement regarding its interim financial results for the three-month period ending March 31, 2026. The company corrected its Total Shareholders Equity figures, revising the current period amount from 447,023,016(currency not specified in original) to 430,844,265(currency not specified in original), and the previous year comparative period from 438,699,747(currency not specified in original) to 370,451,195(currency not specified in original). This correction significantly changed the year-over-year growth rate from 1.897% to 16.303%.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=95430&anCat=1&cs=1324&locale=arNote: 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.