Riyadh – Mubasher: Saudi Arabia Refineries Company's (SARCO) board invited shareholders to attend the extraordinary general meeting (EGM) on 10 April.
The EGM will vote on the board’s recommendation to not to distribute cash dividends for the fiscal year of 2016, according to a bourse filing on Thursday.
Moreover, the board’s report for the year which ended on 31 December also will be considered in the meeting.
SARCO turned to losses of SAR 4.37 million in 2016 against SAR 12.9 million profits in 2015.
