BISHACO accumulated losses reach SAR 66.7m until end-November

Riyadh-Mubasher: Bishah Agriculture Development Co. (BISHACO) said its accumulated losses reached SAR 66.7 million at the end of November, representing 133.39% of paid-in capital.

The company posted net losses of SAR 93,000 for August, compared with SAR 75,000 in November 2014.

Net losses for the 11-month period ended 30 November reached SAR 1.15 million, and the loss per share hit SAR 0.23.

The companies whose accumulated losses reach or exceed 50% of capital are requested to release their financials on a monthly basis, according to the Saudi market reg

Mubasher Contribution Time: 08-Dec-2015 05:19 (GMT)