By Mohammed Abu Meleeh
Riyadh-Mubasher: Al Baha Investment and Development recorded earnings of SAR 4,730 in January. Thus, the company continued to record profits for the 13th straight month. However, it maintained its accumulated losses at 123.6% of capital.
In January, the company reported earnings of SAR 31,770, the first time since releasing the monthly financial results for July 2014.
Al-Baha's earnings in 13 months reached SAR 73,000, and the accumulated losses declined from SAR 158.43 million in January 2015 to SAR 185.39 million in the same month of 2016.
Translated by Abdul Maguid Aboshahla
