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Al Asmak loses SAR 3m in February

Al Asmak loses SAR 3m in February
(Photo Credit: Company website)
SFICO
6050
16.38% 26.65 3.75

Riyadh – Mubasher: Saudi Fisheries Co (Al Asmak) suffered losses of SAR 3.02 million ($805,000) in February 2017.

The losses grew 10% month-on-month compared to SAR 2.76 million ($736,000), according to a bourse filing on Sunday.

Thus, accumulated losses by the end of February stood at SAR 379.4 million which accounts for 70.87% of the SAR 535.38 capital.

Al Asmak suffered losses of SAR 2.76 million ($736,000) in January 2017.