Saudi Industrial Export Company announced the approval of the decision of the Board of Directors in its meeting held on November 23, 2022 to close its branch (Sara Medical Supplies Factory) since the factory's activity is not compatible with the company's main activities, knowing that work has been suspended in the factory since 2020, and this decision resulted in the sale of the assets and the existing inventory of the factory with a net book profit of SAR 3,218,679.