An announcement from the Capital Market Authority regarding exempting listed companies from disclosing 4th Quarter financial results

Wednesday, November 15, 2017 at 8:41 AM

Wed Nov 15, 2017 08:41

As part of the Capital Market Authority's ("CMA") continuous efforts to develop the capital market in the Kingdom through aligning the Saudi Capital Market with the best practices applied internationally and taking into consideration the transition to International Financial Reporting Standards ("IFRS"), the CMA Board of Commissioners has issued its resolution dated 25/2/1439H corresponding to 14/11/2017G to exempt listed companies from disclosing the 4th Quarter financial statements for current financial year.