Riyadh – Mubasher: Red Sea International Co. has reported a 30% year-on-year loss increase in 2018, recording SAR 90.7 million.
The company’s loss declined 14% to SAR 51.69 million in the fourth quarter of the last year, compared to SAR 60.17 the year-ago period, according to a bourse statement.
The Tadawul-listed firm posted an 8.8% year-on-year increase in losses during the third quarter of 2018, and 309.2% surge in losses for the first nine months of the year.
