Riyadh – Mubasher: Saudi Fisheries Co (Al Asmak) suffered a net loss of SAR 3 million ($800,000) in October as compared to SAR 3.2 million ($853,000) in September, a decrease of 6% month-on-month.
The company’s accumulated losses by the end of October stood at SAR 362.7 million which accounts for 67.75% of the SAR 535.38 million capital, according to a bourse statement issued on Thursday.
During the first ten months of 2016, Al Asmak suffered losses worth SAR 31.27 million.