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2026-09-29T05:58:54.107Z

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Assembly approves interim profits and 900K bonus

Assembly approves interim profits and 900K bonus

The General Assembly of Abdullah Saad Mohammed Abu Moati for Libraries approved the distribution of interim profits for the fiscal year ending March 31, 2027, in addition to an annual bonus of 900,000 riyals for the board members for the same fiscal year. It also approved the appointment of the firm "RSM United Accountants" to review and audit the financial statements for a fee of 360,000 riyals, receiving a voting percentage of 95.32%. Additionally, the Assembly discussed the 2026 financial report and approved the auditor's report with a majority of 97.01%.

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