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Saudi Go nods to defer 9M results announcement

Saudi Go nods to defer 9M results announcement
Saudi Go will unveil its annual earnings on 31 March maximum
ATHEEB TELECOM
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Riyadh – Mubasher: Saudi Arabia’s Etihad Atheeb Telecommunication (Go) on Sunday said it would not be able to announce its financial statements for the first nine months of 2018 within the deadline.

Go attributed the postponement to the lack of revealing the results of its full fiscal year ended 31 March 2018, according to a statement to the Saudi Stock Exchange (Tadawul).

The Saudi telecommunication services provider expected that it will unveil its annual earnings on 31 March maximum.

In February 2018, Go reproted that its accumulated losses decreased to SAR 225.95 million, representing 47.82% of capital after reduction.