GO expects to disclose Q2 financials in three months

12/08/2018 Argaam

 

Etihad Atheeb Telecommunication Co. (GO) expects to finalize and disclose financial statements for Q2 2018 after releasing its FY17 results within three months, GO said in a bourse statement on Sunday.

 

The telecom operator could not reveal its financial statements for the period ending on June 30, 2018 on time, following its failure to announce Q1 2018 results.

 

On July 12, GO expected to disclose its annual financial results for the period ending on March 31, 2018 within three months, Argaam earlier reported.

 

On June 30, the telecom operator said it failed to reveal its annual financial statements, amid uncertainty about continuing as a going concern after the Communications and Information Technology Commission (CITC) rejected the firm’s request to get the unified telecom license.

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