Riyadh – Mubasher: The Saudi Cable Company forecast that it will announce the financial results for the first quarter of 2017 during the coming six weeks.

The six-week period will start from Sunday, 3 December.

The firm attributed the delay in announcing the results to its plans of appointing an external auditor during its coming extraordinary general meeting (EGM) on Monday, 18 December, according to a statement to the Saudi Stock Exchange (Tadawul).

In August, the firm announced that its accumulated losses reached SAR 145.1 million by the end of July 2017, representing 35.89% of its capital which amounted to SAR 404.11 million.

Trading on stock was suspended since 18 January 2017 trading session.