Al Asmak losses fall 25% in August

Riyadh - Mubasher: Saudi Fisheries Company's (Al Asmak) net losses fell 25% month-on-month to SAR 3.48 million ($928,000) in August from SAR 2.79 million ($743,000).

The company's activity losses rose 7% to SAR 2.83 million in August, compared to SAR 2.64 million in July.

Accumulated losses have reached SAR 356.5 million, representing 66.6% of the capital, which equals SAR 535.38 million, according to a bourse filing on Sunday.

Mubasher Contribution Time: 18-Sep-2016 14:39 (GMT)
Mubasher Last Update Time: 18-Sep-2016 14:39 (GMT)