Raydan Cuisines adopts IFRS for financial reporting

01/01/2018 Argaam

 

Nomu-listed Raydan Cuisines and Restaurants Co. has adopted the International Financial Reporting Standards (IFRS) and will file financial results accordingly, it said in a statement to Tadawul.

 

The company will file its results of operations under IFRS as of the end of first quarter 2018, and has yet to announce the impact on its balance sheet, it added.

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