Atheeb Telecom says losses up to 59.4% of capital

10/03/2015 Argaam

Ehtihad Atheeb Telecommunications Company (GO), which provides landline phone services, said on Tuesday that its accumulated losses rose to SAR 935.44 million, or 59.39 percent of its capital, after it reported a net loss of SAR 11.76 million for February.

At the end of January, the company said it had accumulated SAR 923.67 million in losses, representing 58.65 percent of its capital.

Accumulated Losses

Feb. 2015

Period

1,575

Capital (SAR mln)

(935.44)

Accumulated losses (SAR mln)

59.39%

Accumulated losses %

 

 

Company Losses (January-February)

 2015

Period

(47.2)

Net loss (SAR mln)

157.5

Number of shares (mln)

(0.30)

EPS (SAR)

 

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