CMA fines National Building on failure to disclose financials

12/12/2023 Argaam
Logo ofNational Building and Marketing Co.

Logo of National Building and Marketing Co.

The Capital Market Authority (CMA) imposed SAR 50,000 on National Building and Marketing Co. (NBM) for not disclosing its semi-annual interim financial statements for the period ending on June 30, 2023, within the specified period, according to a statement to Tadawul. 

 

In September, the company announced its inability to release H1 2023 financial statements on time, due to unforeseen circumstances, Argaam earlier reported. 

 

NBM’s bottom line dropped 20% year-on-year to SAR 26.2 million in H1 2023.  

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.