Saudi Cable Company announces the Interim Financial Results for the period ended 31/03/2017 (3 months)

1.The net profit for the month of March 2017 amounted to SR 11.51 million as against net loss of SR 11.37 million for the month of February 2017.
2.The gross profit for the month of March 2017 amounted to SR 17.79 million as against a gross profit of SR 2.25 million for the month of February 2017, an increase in gross profit of 690.66%.
3.The operating profit for the month of March 2017 amounted to SR 7.18 million as against an operating loss of SR 8.38 million for the month of February 2017.
4.The profit per share for one month (March 2017) amounted to SR 0.15.
5.The total assets at 31st March 2017 amounted to SR 2,127.55 million.
6.The total liabilities at 31st March 2017 amounted to SR 1,893.97 million.
7.The total shareholders equity at 31st March 2017 amounted to SR 233.58 million.
8.Accumulated losses as at 31st March 2017 were SR 515.50 million, constituting 67.83% 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 31/3/2017 for your review.

Attached Documents

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