BRIEF-Raydan Food FY Loss Widens

Tadawul All Shares Index +0.26%
RAYDAN -0.51%

Tadawul All Shares Index

TASI.SA

12204.90

+0.26%

RAYDAN

6012.SA

23.20

-0.51%

- RAYDAN FOOD COMPANY 6012.SE:

  • FY NET LOSS 30.9 MILLION RIYALS VERSUS LOSS OF 24.6 MILLION RIYALS YEAR AGO

  • FY SALES 177.4 MILLION RIYALS VERSUS 159.2 MILLION RIYALS YEAR AGO

  • FY SAW INCREASE THE SELLING PRICES OF PRODUCTS

  • FY SAW INCREASE IN GENERAL AND ADMINISTRATIVE EXPENSES

  • FY SAW OTHER RECEIVABLE IMPAIRMENT PROVISION

  • FY SAW INCREASE IN FINANCING EXPENSES

  • FY SAW LOSSES FROM IMPAIRMENT IN INVESTMENT FROM INVESTMENT IN ASSOCIATE

  • RAYDAN FOOD - ACCUMULATED LOSSES AT END-DEC 2.77% OF CAPITAL

Source text for Eikon: ID:nSSE1fhWQV

Further company coverage: 6012.SE


((Reuters.Briefs@thomsonreuters.com;))

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