Al Baha extends gains in April

Riyadh – Mubasher: Al Baha Investment and Development Company said Tuesday that its profits for April 2016 reached SAR 1,500.

The company’s accumulated losses amounted to SAR 185.38 million by the end of April, representing 123.59% of the paid-up capital.

Net profit reached SAR 0.0007 per share in the first four months of 2016, totalling SAR 10,650, according to a bourse filing.

Gross profit came to SAR 47,480 last April and SAR 172,140 in the four-month period.

Al Baha earlier reported a net profit of SAR 2,160 in March, extending its gains for the fifth month in a row.

Mubasher Contribution Time: 10-May-2016 09:04 (GMT)
Mubasher Last Update Time: 10-May-2016 09:04 (GMT)