The Saudi Fisheries Company announced that its accumulated losses decreased to 15.15% of the company's capital.
The company said in a statement to the Saudi market (Tadawul) yesterday, Sunday, that the amount of accumulated losses amounted to approximately 60.62 million riyals.
She explained that the measures that I took to reduce losses were to increase the capital by offering priority rights shares based on the company’s announcement on May 17, 2020, of the results of the non-GA meeting. Regular which included approval of the capital increase.
In late June, the company announced a loss of 11.02 million riyals in the first quarter of this year, compared to losses of 9.25 million riyals for the same period in 2019. , With a 19.1% increase in losses.
