Riyadh – Mubasher: Bishah Agricultural Development suffered net losses of SAR 73,000 ($19,500) in November.
The company's losses in the first 11 months stood at SAR 1.74 million, while its accumulated losses by the end of November 2016 reached SAR 68.78 million, representing 137.55% of capital, according to a filing on Thursday.
The Saudi company previously reported net profit of SAR 20,000 in October, marginally trimming its accumulated losses.