Nama losses exceeds 83% of capital in 2016

Riyadh - Mubasher: Nama Chemicals reported net losses of SAR 719.56 million ($191.88 million) in December, raising the company’s total losses in 12 months to SAR 837.24 million ($223.26 million).

According to the company’s statement to the Saudi Stich Exchange (Tadawul) on Monday, accumulated losses reached SAR 1.07 billion by the end of December, which represents 83.3% of the company’s capital, which amounts to SAR 1.285 billion.

Mubasher Contribution Time: 09-Jan-2017 20:29 (GMT)
Mubasher Last Update Time: 09-Jan-2017 20:29 (GMT)