Resumption of Trading for Tawasol Group Holding
Trading of Tawasol Group Holding's shares will resume tomorrow, Thursday, December 25, 2025, following a suspension. In accordance with the Instructions of the Financial Market Council, the company has established consolidated pro forma financial statements as of December 31, 2024, taking into account the provisions related to the reserves mentioned in the auditors' report on the consolidated financial statements as of December 31, 2024.
Key Points:
- The new accounts reflect the financial situation and performance that would have been observed if these reserves had been taken into account or corrected at the time of their actual occurrence.
- The consolidated pro forma financial statements show a consolidated pro forma result for the group of -3,306 million, instead of a consolidated result for the group of 1,148 million, and have been audited by the company's auditors (Auditors' Report).
- The market reaction should be closely monitored to assess whether investors were fully aware of the company's actual situation or if they focused too narrowly on the sole income statement.
Importance of Transparency and Financial Analysis
In an environment dominated by individual minority shareholders, it is crucial to strengthen both the transparency of accounting information and the rigor of financial analysis. This allows for a fair valuation, integrating a comprehensive assessment of risks, including all potential liabilities.
