Mohamed Al-Mojil reports SAR24mn in net loss in 5M16
Mohammad Al-Mojil Group (MMG) has announced its financial headlines for the month ending in May 2016. Net loss was SAR12.1mn, operating loss was SAR8.6mn, while gross loss was SAR5.5mn. Net loss for 5M16 was SAR23.7mn, operating loss SAR9.7mn, while gross loss was SAR30.3mn. Retained losses to paid-in capital stood at 2.9x as of end of May 2016. (Tadawul)
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