Saudi Ground Services Receives SAR 296M Zakat Assessment
SGS 4031.SA | 30.98 | -1.96% |
On April 19, 2026, Saudi Ground Services Company announced receipt of final Zakat assessment letters from the Zakat, Tax and Customs Authority covering fiscal years 2015 to 2023. The final assessments total SAR 295,734,716.54, which the Company has accepted with the right to object on rejected items. The Company confirms it has maintained sufficient provisions to cover these assessments, following extensive management engagement with the Authority to conclude the assessment process.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=94512&anCat=1&cs=4031&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.
