Dur Hospitality Co. said the Kingdom's precautionary measures to curb the COVID-19 outbreak weighed on hotels revenue as of Q2 2020, the company said in a bourse statement.
However, it is difficult to determine the relevant financial impact at present as these measures won't have a material impact on operations, the statement added.
Dur also indicated that it cannot define whether it would be eligible to the government's support packages provided to the private sector, adding that any updates will be announced in due course, the statement added.
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
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}