Riyadh – Mubasher: Bishah Agriculture Development suffered losses of SAR 155,000 in August 2016 as compared to SAR 92,000 in the same month last year; an increase of 68.48% year-on-year.
In July 2016, the company posted a net loss of SAR 137,000.
During the first eight months this year, Bishah’s losses amounted to SAR 780,000. Thus, the company’s accumulated losses to August reached SAR 67.82 million representing 135.64% of the company’s SAR 50 million capital, according to a bourse statement issued Tuesday.
