Riyadh – Mubasher: Al Baha Investment and Development achieved a net profit of SAR 2,950 ($787) in October, so that the net profit in 10 months reaches SAR 23,900 ($6,370).
Al Baha’s accumulated losses reached SAR 185.37 million in October, which accounts for 123.6% of the SAR 150 million capital, according to a bourse statement on Thursday.
The company’s gross profits in October stood at SAR 57,040, so that the gross profit in 10 months reaches SAR 495,600.
The Saudi-listed company posted a net profit of SAR 2,500 ($667) in September.
