PHOTO
Sales plummeted by 74.6% year-on-year (YoY) to SAR 23.5 million in Q3-21 from SAR 92.6 million, according to the initial financial results.
During the first nine months of 2021, Saudi Cable’s net losses deepened by 1,113% YoY to SAR 101.62 million from SAR 8.37 million.
The loss per share went up to SAR 2.82 at the end of September 2021 from SAR 0.18 in the same period last year.
Sales also shrank by 56.7% YoY to SAR 128.7 million in January-September 2021 from SAR 297.32 million.
At the end of September 2021, the accumulated losses reached SAR 164.04 million, representing 45.49% of the SAR 360.61 million capital.
All Rights Reserved - Mubasher Info © 2005 - 2021 Provided by SyndiGate Media Inc. (Syndigate.info).