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Al Asmak losses widen in November

Al Asmak losses widen in November
Al Asmak's accumulated losses reached SAR 366.4 million in November (Photo Archive)
SFICO
6050
9.83% 25.15 2.25

Riyadh – Mubasher: Saudi Fisheries Co (Al Asmak) suffered losses of SAR 3.7 million ($987,000) in November, compared to SAR 3 million ($800,000) in October, according to a bourse statement.

In the first 11 months of 2016, losses rose to SAR 35 million from SAR 30.48 million incurred in the prior-year period.

Accumulated losses reached SAR 366.4 million in November, compared to SAR 535.38 million in October.