Riyadh – Mubasher: Etihad Atheeb Communication “Go” suffered a net loss of SAR 22.26 million ($5.94 million) in October, so that its losses reach SAR 78.61 million ($20.96 million) in 10 months.
Accumulated losses reached SAR 1.17 billion, representing 74.53% of the share’s SAR 1.575 billion capital, according to a bourse filing.
Operating loss in October totalled SAR 22.75 million and reached SAR 161.57 million in the ten-month period.
The company earlier reported net profits of SAR 23.2 million in September, so that its accumulated losses reach SAR 1.15 billion in the same period.
