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Umm Al-Qura Cement suffers SAR 7m losses in Q3

Umm Al-Qura Cement suffers SAR 7m losses in Q3
UACC
3005
9.10% 16.06 1.34
Umm Al-Qura Cement released on Thursday interim financial results for the nine-month period ending on Sept. 30, 2014.
The cement producer suffered SAR 6,899,784 losses in third quarter of 2014, compared with SAR 11,735,318 losses in Q2 2014.
Umm Al-Qura also incurred SAR 28,921,912 losses (SAR 0.52 per share) in the first nine months of 2014.
The company is in establishment phase and pre-operating phase so there are no comparative figures as the company was established on July3, 2013.