Investor Relationship
In line with the Kingdom’s Vision 2030 AD, and our project to build a human being, we believe in the importance of preserving the Arab spirit and cultural values that distinguish us as a people, and at the same time we realize that development and progress are necessary to interact with the modern world and the future.
| Element List | Explanation |
| Introduction | In reference to the announcement of Alkhaleej Training and Education Company on 31/03/2024 regarding the annual financial results for the period ending on 31/12/2023 Alkhaleej Training and Education Company would like to announce to its shareholders the decrease in accumulated losses from 28,726% to 5,9477% of the company’s current capital of SAR 650,000,000 on 09/05/2024 |
| Date of accumulated losses decrease | 2024-03-31 Corresponding to 1445-09-21 |
| Amount of the Accumulated Losses | 38,660,366 riyals |
| Percentage of the Accumulated Losses out of the Capital (%) | 6 % |
| Measures Taken by the Company to Decrease Accumulated Losses | Transferring the statutory reserve of 83,043,571 SAR to retained earnings in addition to the positive results for the first quarter of 2024 |
| The external auditor’s report clarifying the financial position of the company |  |
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