Etihad GO Telecom Co. — Earnings Release 2016

Jan 14, 2016

Etihad Atheeb Telecommunication (GO) Announces Its Financial Results as Of 31 December 2015

7040 · 14/01/2016 15:40:47 · Announcement #40752 · View on Saudi Exchange

Etihad Atheeb Telecommunication (GO) Announces Its Financial Results as Of 31 December 2015

Etihad Atheeb Telecommunication (GO) Announces Its Financial Results as Of 31 December 2015, as follows:

1- Net loss for the month of December 2015 amounted to SR (24.05) million.

2- Gross Profit for the month of December 2015 was SR 145 Thousand.

3- Operating loss for the month of December 2015 was SR (26.75) million.

4- Net loss for the period to 31 December 2015 was SR (85.46) million.

5- Losses per share for the period to 31 December 2015 were SR (0.54) per share.

6- Gross Profit for the period to 31 December 2015 was SR 22.57 million.

7- Operating loss for the period to 31 December 2015 was SR (218.55) million.

8- Accumulated losses as of 31 December 2015 totaled SR (1,031) million.

9- Total Assets as of 31 December 2015 totaled SR 1,823 million.

10- Total Liabilities as of 31 December 2015 totaled SR 1,279 million.

11- Net Equity as of 31 December 2015 totaled SR 544 million.

12- Accumulated losses as of 31 December 2015 represent 65.46% 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 31/12/2015 m.

Attached Documents

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