Suspended

With the Clock Beats, which ended the regular date for annual disclosure on March 31, seven companies listed in the Saudi financial market found themselves outside the race, and could not publish their financial results for 2024. The result? The freezing point of its shares for one session from April 3rd. Businesses belonging to the main and parallel market (growth) not only delay in advertising, but have justified their delay with technical and accounting reasons ranging from thorny discussions with external auditors, financial treatments related to strict IFRS standards, restrictions related to the use of assets and income calculation. A deeper message about the management and confidence of the investor in the money world, where the seconds run with the velocity of light, it may cost you to postpone one million. In an economic environment characterized by severe fluctuations and competition to attract investments, the commitment to financial disclosure on the date is a decisive indication of the quality of management. While companies insist that the delay does not reflect an imbalance in their operational operations, but investors can see the scene from another angle: the angle of delayed transparency and shaking confidence. Despite the variation of the details, companies confirmed that the purpose of delay is to ensure the quality of financial reports and to protect the interests of shareholders, with their dedication to disclosure during the legal additional period before imposing an extensive comment on the trade. Leave companies under the microscope: Arabic causes and appointments for technical promises (the main market): Delay is the result of a present study to implement one of the accounting standards, which needs extra time to ensure that the company’s interest and shareholders achieve a commitment to disclosure during the additional deadline ending April 30. April 20, 2025 as an expected date for publication. Knowledge Network “Nolgent” (Growth): The delay is due to ongoing accounting discussions with external references about some accounting treatments for certain items in the financial statements, with the company claiming that the delay does not affect the continuity. The expected date for disclosure: April 20. Care International (Growth): The financial statements assessment work has not yet been completed, and the company is aimed at publishing the results by April 30. The qualifying plaster “GIBSCO” (the main market): Discussions take place with the external references on the necessary examination requirements and studies for the purpose of reviewing the work, which does not confirm the operation of the delay. “Publication expected before April 20. Saudi Arabia for Industrial Development” Senior “(the main market): The company attributes the delay to discussions with the auditor in some of the necessary examination requirements with the aim of completing the review work, with April 20 a date for disclosure. use of assets and the mechanism for calculating income for three financial years, which is discussed in the financial statements for the period terminated on December 31. Delay of the delay. The disclosure, the company expects to publish it on May 1, 2025. What awaits businesses if they don’t stay? According to the regulation of the Capital Market Authority, the subsequent period of 20 trading sessions is granted to the first freezing point. If the results are not published during that period, the arrow is re -pisted until the financial statements have been announced.