Riyadh-Mubasher: Etihad Atheeb (GO) reported net losses of SAR 21.26 million ($5.67 million) for February 2016. Thus, its losses in January and February amounted to SAR 128.76 million ($34.33 million).
The accumulated losses until February reached SAR 1.075 billion ($0.29 billion), or 68.23% of paid-in capital.
February’s operating losses totalled SAR 24.16 million ($6.44 million), and the total operating losses for the first two months of 2016 reached SAR 267.43 million ($71.29 million).
