Al Mojil’s accumulated losses reach 287% of capital

Riyadh – Mubasher: Mohammad Al Mojil Group announced that its net accumulated losses of capital reached 287% to SAR3.58 million after it registered a net loss of SAR11.7 million and a total loss of SAR7 million in January, 2016.

Moreover, operating losses were SAR10.6 million or 0.09 a share.

Earlier, Al Mojil posted that the accumulated losses reached SAR3.5 billion by the end of December, 2015.

Mubasher Contribution Time: 14-Feb-2016 12:57 (GMT)