Etihad GO Telecom Co. — Earnings Release 2016

Oct 13, 2016

Etihad Atheeb Telecommunication (GO) Announces Its Financial Results as Of 30 September 2016

7040 · 13/10/2016 15:47:02 · Announcement #44069 · View on Saudi Exchange

Etihad Atheeb Telecommunication (GO) Announces Its Financial Results as Of 30 September 2016

Etihad Atheeb Telecommunication (GO) Announces Its Financial Results as Of 30 September 2016, as follows:

1- Net Income for the month of September 2016 amounted to SR 23.20 million.

2- Gross Profit for the month of September 2016 was SR 3.28 million.

3- Operating loss for the month of September 2016 was SR (24.81) million.

4- Net loss for the period to 30 September 2016 was SR (56.35) million.

5- Net Loss per share for the period to 30 September 2016 was SR (0.36) per share.

6- Gross Profit for the period to 30 September 2016 was SR 22.17 million.

7- Operating loss for the period to 30 September 2016 was SR (138.82) million.

8- Accumulated losses as of 30 September 2016 totaled SR (1,151.65) million.

9- Total Assets as of 30 September 2016 totaled SR 1,693.67 million.

10- Total Liabilities as of 30 September 2016 totaled SR 1,270.32 million.

11- Net Equity as of 30 September 2016 totaled SR 423.35 million.

12- Accumulated losses as of 30 September 2016 represent 73.12% of share capital.

13- Applying to procedures and instructions for the loss-making companies issued by the CMA Board of Commissioners under Resolution No. 4-48-2013 and the date of 15/01/1435 H. The company confirms its ongoing commitment to those procedures and instructions. Attachment to you herewith the financial statements for the administrative period until 30/09/2016 m.

Attached Documents

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