Saudi Cable’s accumulated losses reach 72.6% of capital

24/07/2018 Argaam

 

Saudi Cable Co.’s (SCC) accumulated losses stood at SAR 293.5 million for the year ending June 30, representing 72.6 percent of SAR 404 million capital, the company announced in a statement on Tadawul Tuesday.

 

The losses are attributed to lower value of one of the important investments in Bahrain.

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