Al Baha Investment Company said on Monday that its accumulated losses reached 185.4 million, or 123.6 percent of its capital, after it reported a minor net profit of SAR 2,419 for May.
The Saudi market regulator’s new regulations require listed companies with accumulated losses 50 percent or more of capital to publish monthly unaudited financial statements.
|
Accumulated Losses |
|
|
May 2015 |
Period |
|
150 |
Capital (SAR mln) |
|
(185.4) |
Accumulated losses (SAR mln) |
|
123.6% |
Accumulated losses % |
|
Company Profit (January-May) |
|
|
May 2015 |
Period |
|
41,720 |
Net profit (SAR) |
|
15 |
Number of shares (mln) |
|
0.003 |
EPS (SAR) |
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