Etihad GO Telecom Co. — Earnings Release 2016

Mar 13, 2016

Etihad Atheeb Telecommunication (GO) Announces Its Financial Results as Of 29 February 2016

7040 · 13/03/2016 16:08:06 · Announcement #41616 · View on Saudi Exchange

Etihad Atheeb Telecommunication (GO) Announces Its Financial Results as Of 29 February 2016

Etihad Atheeb Telecommunication (GO) Announces Its Financial Results as Of 29 February 2016, as follows:

1- Net loss for the month of February 2016 amounted to SR (21.26) million.

2- Gross Profit for the month of February 2016 was SR 3.96 million.

3- Operating loss for the month of February 2016 was SR (24.16) million.

4- Net loss for the period to 29 February 2016 was SR (128.76) million.

5- Loss per share for the period to 29 February 2016 was SR (0.82) per share.

6- Gross Profit for the period to 29 February 2016 was SR 29.25 million.

7- Operating loss for the period to 29 February 2016 was SR (267.43) million.

8- Accumulated losses as of 29 February 2016 totaled SR (1,075) million.

9- Total Assets as of 29 February 2016 totaled SR 1,897 million.

10- Total Liabilities as of 29 February 2016 totaled SR 1,396 million.

11- Net Equity as of 29 February 2016 totaled SR 500 million.

12- Accumulated losses as of 29 February 2016 represent 68.23% 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 29/02/2016 m.

Attached Documents

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