Riyadh – Mubasher: Al Baha Investment and Development posted net profits of SAR 1,570 ($419,000) in December 2016, totalling SAR 28,350 ($7,560) in the twelve months of 2016, according to a statement.
Accumulated losses amounted to SAR 185.37 million by the end of December 2016, representing 123.6% of the SAR 150 million capital.
Gross profits stood at SAR 57,300 in December 2016, reaching a total of SAR 609,800 in 2016.
