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Etihad GO Telecom Co. — Earnings Release 2016
May 12, 2016
53483_rns_2016-05-12_fd0a5dbd-17d8-49a5-85e1-b26ba0d2e30e.html
Earnings Release
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Etihad Atheeb Telecommunication (GO) Announces Its Financial Results as Of 30 April 2016
7040 · 12/05/2016 15:21:15 · Announcement #42654 · View on Saudi Exchange
Etihad Atheeb Telecommunication (GO) Announces Its Financial Results as Of 30 April 2016
Etihad Atheeb Telecommunication (GO) Announces Its Financial Results as Of 30 April 2016, as follows:
1- Net loss for the month of April 2016 amounted to SR (23.92) million.
2- Gross Profit for the month of April 2016 was SR 1.69 million.
3- Operating loss for the month of April 2016 was SR (26.05) million.
4- Loss per share for the period to 30 April 2016 was SR (0.15) per share.
5- Accumulated losses as of 30 April 2016 totaled SR (1,119) million.
6- Total Assets as of 30 April 2016 totaled SR 1,794 million.
7- Total Liabilities as of 30 April 2016 totaled SR 1,338 million.
8- Net Equity as of 30 April 2016 totaled SR 456 million.
9- Accumulated losses as of 30 April 2016 represent 71.02% of share capital.
10- 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 30/04/2016 m.
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.
