Al-Khodari expects to disclose FY18 financials by May 20

29/04/2019 Argaam

Abdullah A. M. Al-Khodari Sons Co. expects to issue FY 2018 financial statements by May 20, 2019, the company said in a bourse statement on Monday.

 

The delay is not related to the company's operations.

 

The contracting firm is rather fulfilling some audit requirements, after accumulated losses accounted for 198.52 percent of capital.

 

Al-Khodari will announce the related financial impact, if any, in due course.

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