Riyadh – Mubasher: Mohammed Al Mojil Group on Sunday reported a net loss of SAR 46.4 million ($12.37 million) in December 2016.
The company previously reported a loss of SAR 9.22 million in November of the same year.
Accumulated losses for 12 months of 2016 reached SAR 138.2 million ($36.85 million), according to a bourse filing.
Operating losses in December 2016 reached SAR 43.8 million, the company noted.
Total accumulated losses till the end of December 2016 reached SAR 3.71 billion, thus making up 297.1% of Al Mojil Group’s capital of SAR 1.25 billion.
