Riyadh – Mubasher: Etihad Atheeb Communication “Go” achieved SAR 8.2 million ($2.2 million) net losses in July.
The company's losses in seven months reached SAR 57.16 million ($15.24 million), according to a bourse filing on Thursday.
Accumulated losses reached SAR 1.15 million in July, representing 73.17% of the company's SAR 1.575 billion capital.
Go recorded SAR 20.3 million operating losses in July to amount to SAR 91.1 million in seven months.
The company's profits reached SAR 22.23 million in June to raise its losses to SAR 64.93 million in the period ending on 30 July 2016.
