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Etihad GO Telecom Co. Earnings Release 2016

Dec 14, 2015

53483_rns_2015-12-14_dd05d355-311c-4923-9996-421b3e4a4107.html

Earnings Release

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Etihad Atheeb Telecommunication (GO) Announces Its Financial Results as Of 30 November 2015.

7040 · 14/12/2015 15:48:53 · Announcement #40394 · View on Saudi Exchange

Etihad Atheeb Telecommunication (GO) Announces Its Financial Results as Of 30 November 2015.

Etihad Atheeb Telecommunication (GO) Announces Its Financial Results as Of 30 November 2015, as follows:

1- Net loss for the month of November 2015 amounted to SR (14.04) million.

2- Gross Profit for the month of November 2015 was SR 648 Thousand.

3- Operating loss for the month of November 2015 was SR (25.74) million.

4- Net loss for the period to 30 November 2015 was SR (61.40) million.

5- Losses per share for the period to 30 November 2015 were SR (0.39) per share.

6- Gross Profit for the period to 30 November 2015 was SR 22.43 million.

7- Operating loss for the period to 30 November 2015 was SR (191.81) million.

8- Accumulated losses as of 30 November 2015 totaled SR (1,007) million.

9- Total Assets as of 30 November 2015 totaled SR 1,845 million.

10- Total Liabilities as of 30 November 2015 totaled SR 1,277 million.

11- Net Equity as of 30 November 2015 totaled SR 568 million.

12- Accumulated losses as of 30 November 2015 represent 63.94% of share capital.

13- Etihad Atheeb Telecommunication will ensure implementation of procedures and instruction related to loss making companies issued by the CMA console through resolution No. 4-48-2013 dated 18/11/2013 as per Capital Market regulation issues through Royal Decree No. m/30 dated 2/6/1424.

Attached Documents

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.