Riyadh – Mubasher: Fawaz Abdulaziz Alhokair Company’s accumulated losses reached SAR 637.682 million at the end of the first quarter (Q1) ended 30 June 2020, representing 30% of the capital.
The accumulated losses amounted to SAR 112.249 million at the end of fiscal year (FY) ending on 31 March 2020, equivalent to 5% of the capital, according to a stock exchange statement on Tuesday.
In Q1 of the year, the company turned to a loss of SAR 535.6 million, against a profit of SAR 224 million in the year-ago quarter.
