Bishah widens accumulated losses in April

Riyadh – Mubasher: Bishah Agriculture Development reported a decline in net losses by 74% year-on-year in April 2017.

Losses reached SAR 30,000 in April compared to SAR 116,000 in April 2016, according to a bourse filing on Tuesday.

Net losses in the first four months of this year amounted to SAR 88,000, with a 69% drop from those recorded in the same period of 2016 worth SAR 290,000.

Accumulated losses reached SAR 71.22 million by the end of April, representing 142.44% of the capital, which totals SAR 50 million.

Mubasher Contribution Time: 09-May-2017 09:01 (GMT)
Mubasher Last Update Time: 09-May-2017 10:05 (GMT)