Saudi Cable Company announces the Administrative Interim Financial Results for the period ended 28/02/2017 (2 months)
Saudi Cable Company announces the Interim Financial Results for the period ended 28/02/2017:
1.The net loss for the month of February 2017 amounted to SR 11.37 million as against net loss of SR 14.65 million for the month of January 2017, a decrease in loss by 22.38%. 2.The gross profit for the month of February 2017 amounted to SR 2.25 million as against a gross profit of SR 0.96 million for the month of January 2017, an increase of 134.37%.
3.The operating loss for the month of February 2017 amounted to SR 8.38 million as against an operating loss of SR 11.70 million for the month of January 2017, a decrease in operating loss by 28.38%.
4.The loss per share for one month (February 2017) amounted to SR 0.15
5.The total assets at 28th February 2017 amounted to SR 2,155.13 million.
6.The total liabilities at 28th February 2017 amounted to SR 1,925.83 million.
7.The total shareholders equity at 28th February 2017 amounted to SR 229.29 million.
8.Accumulated losses as at 28th February 2017 were SR 527.01 million, constituting 69.34% of the Share Capital.
9.The Company will apply the procedures and instructions issued by the Capital Market Authority related to companies listed with it, and whose accumulated losses have reached 50% or more of its capital. Attached herewith are the Management Financial Statements for the period ended the 28/2/2017 for your review.
Attached Documents
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