Saudi Cable incurs SAR 11.37m losses in February

Riyadh – Mubasher: Saudi Cable Company said its net accumulated losses reached SAR 527 million by the end of February 2017, representing 69.344% of the capital.

Net losses reached SAR 11.37 million in February, down 22.38% from SAR 14.65 million in January.

The company's gross profits rose 134.37% to SAR 2.25 million in February from SAR 0.96 million in January.

Operating losses amounted to SAR 8.38 million in February, a decline of 28.38% from SAR 11.70 million in January.

Mubasher Contribution Time: 10-Mar-2017 16:17 (GMT)
Mubasher Last Update Time: 10-Mar-2017 16:17 (GMT)