MMG losses reach 271% of capital after April

13/05/2015 Argaam

Mohammad Al Mojil Group (MMG) said on Wednesday that its accumulated losses rose to SAR 3,385.9 million or 270.9 percent of its capital, after it reported a net loss of SAR 16 million for April.

 

At the end of March, the company said it had accumulated SAR 3,343 million in losses, representing 267.4 percent of its capital.

 

Accumulated Losses

April 2015

Period

1,250.0

Capital (SAR mln)

(3,385.9)

Accumulated losses (SAR mln)

270.9%

Accumulated losses %

 

Company Losses (January-April)

2015

Period

(126.5)

Net loss (SAR mln)

125.0

Number of shares (mln)

(1.01)

EPS (SAR)

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