Sahet Al Majd Corrects Shareholders' Equity Data for the Six Months 2026
SAHAT ALMAJD 9650.SA | 0.00 |
| Element List | Explanation |
|---|---|
| Date of Publishing the Previous Announcement Sought to be Corrected on Saudi Exchange’s Website | 2026-08-20 Corresponding to 1448-03-07 |
| Hyperlink to the Previous Announcement | Click Here |
| Incorrect statements in the previous announcement |
Total shareholders' equity (excluding non-controlling interests) for the same period of the previous year: SAR 107,807,979
Percentage change: 5.533% |
| Correct Statement |
Total shareholders' equity (excluding non-controlling interests) for the same period of the previous year: SAR 72,718,533
Percentage change: 56.457% |
| Additional Information | The company confirms that this correction relates to the presentation of an equity item and has no impact on the company's revenues, net profit, or cash flows. Furthermore, the correction more accurately reflects the growth in the company's shareholders' equity. |
Other Items
Sahet Al Majd Trading Company issued a correction announcement on 24/08/2026 regarding its preliminary financial results for the six-month period ending 30-06-2026, correcting an error in the previously published announcement dated 2026-08-20. The incorrect figure for total shareholders' equity (excluding non-controlling interests) for the same period of the previous year was stated as SAR 107,807,979 with a percentage change of 5.533%, which has been corrected to SAR 72,718,533 with a revised percentage change of 56.457%. The company confirmed that this correction relates solely to the presentation of an equity item and has no impact on the company's revenues, net profit, or cash flows, and that the correction more accurately reflects the growth in the company's shareholders' equity.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=97753&anCat=1&cs=9650&locale=arImportant 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.