Tuesday, 27th December 2016

Addendum announcement from Saudi Cement Company related to transition plan to International Financial Reporting Standards (IFRS) (Second Phase).

1438/03/28     27/12/2016   15:36:47

Further to the company’s announcement dated 26/01/1438 corresponding to 27/10/2016, regarding the phases of the conversion plan to International Financial Reporting Standards (IFRS)(second phase), the company announces that on 27-December-2016, its Board of Directors has approved the updated accounting policies for the preparation of the financial statements in accordance with IFRS.

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