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Saudi Cable Company announces its inability to publish its Annual Financial Results for the year ended 31/12/2016 on time

SAUDI CABLE 2110 -6.79% 57.15 -4.17

Further to the Companys previous announcement on 06/03/2017 and 23/04/2017 with regard to the Companys inability to publish its Annual Financial Results for the year ended 31/12/2016, the Company regrets to announce for the delay in publishing its annual financial results for the year ending 31/12/2016 as the report provided by the financial advisor is completed. The reason for this delay is because the report is under review by the lenders and subsequently will be reviewed by the external auditor. The Company expects to finalize this task within 10 weeks starting from today, 18/06/2017.

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