Raydan Cuisines and Restaurants Co. said the Kingdom's precautionary measures to curb the coronavirus pandemic outbreak weighed directly on revenues, and that utilization rates are cut to the minimum, according to a bourse filing.

 

"These measures will likely impact operations and financial statements over the curfew period," the statement added.

 

It is difficult to determine the relevant financial impact at present, the statement said adding that the company is in talks with the competent authorities over its eligibility for the private sector support packages.

 

The related updates will be announced in due course, the statement.

Comments 2

1
15
619

الشركة هذه أسمع بها ولا أراها !!!!!!

2
2
991

Mohd104

منذ 3 سنه
Replying to   ابو يزيد بن محمد.

هههههه مثلك

loader Train
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Market Indices

Created with Highstock 6.0.710:…10:0011:0012:0013:0014:0015:0011,950.0011,975.0012,000.0012,025.0012,050.0012,075.00
Close : 12025.05 | Mar 27, 15:20

Quotes

Created with Highstock 6.0.710:…10:0011:0012:0013:0014:0015:0011,950.0011,975.0012,000.0012,025.0012,050.0012,075.00
Close : 12025.05 | Mar 27, 15:20


Call Request

Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.

Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website