Riyadh - Mubasher: Al Baha Investment and Development Company achieved a net profit of SAR 1,800 in July, increasing its profits since the beginning of 2016 to SAR 16,760 ($4,468).
Al Baha’s accumulated losses decreased by the end of July to SAR 185.38 million, which amount to 123.6% of the company’s total capital.
On 10 July, the company’s extraordinary general meeting (EGM), decided to continue with the company’s operations and not to liquidate the company before reaching its due date.
