Flynas Corrects Q1 2026 Administrative Expenses Reduction to 23.4%
FLYNAS 4264.SA | 0.00 |
| Element List | Explanation |
|---|---|
| Date of Publishing the Previous Announcement Sought to be Corrected on Saudi Exchange’s Website | 2026-05-11 Corresponding to 1447-11-24 |
| Hyperlink to the Previous Announcement | Click Here |
| Incorrect statements in the previous announcement |
In the Element List of 'The reason for the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one.
Correction of %: 47.2%
Previous Statement: "....The improvement was further supported by a 47.2% reduction in selling, general and administrative expenses in 1Q 2026 compared with the previous quarter. " |
| Correct Statement |
Corrected Statement:
"....The improvement was further supported by a 23.4% reduction in selling, general and administrative expenses in 1Q 2026 compared with the previous quarter. " |
Other Items
Flynas Co. issued a correction announcement regarding its Q1 2026 interim financial results, revising the previously reported 47.2% reduction in selling, general and administrative expenses compared to the previous quarter to the correct figure of 23.4% reduction.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=95258&anCat=1&cs=4264&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.
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