Al Baha accumulated losses form 123.6% of capital

Mubasher: Al Baha Investment and Development achieved a net profit of about SAR 1,480 ($395) during February, bringing the overall net profit since the beginning of 2017 to SAR 4,400 ($1,170), according to a bourse statement issued on Wednesday.

Al Baha’s accumulated losses at the end of February 2017 reached SAR 185.36 million, which accounts for 123.6% of the SAR 150 million capital.

Gross profits in February totalled about SAR 47,670, bringing the gross profit since the beginning of 2017 to SAR 95,440.

Mubasher Contribution Time: 08-Mar-2017 06:17 (GMT)
Mubasher Last Update Time: 08-Mar-2017 07:44 (GMT)