Anaam’s accumulated losses hit 92.3% of capital
25/11/2019
Argaam
Anaam International Holding Group Co. revealed that its accumulated losses as of Nov. 10, 2019 reached SAR 181 million, representing 92.3% of the capital, according to a bourse filing on Monday.
The losses were driven by adding SAR 88 million in zakat provision, as estimated by the General Authority of Zakat and Tax (GAZT), to the company’s accumulated losses.
The Saudi-based firm noted that all procedures and instructions set by the Saudi Stock Exchange (Tadawul) regarding to the companies with accumulated losses of 20% or more of the capital will be applied to the company.
Market Indices
TASI
10,542.23
(47.72)
(0.45 %)
Quotes
ANAAM HOLDING
12.11
(0.18)
(1.46%)
About Us
Join Us
Argaam Tools is an advanced tool that provides investors, analysts, research houses, and corporate executives with easy access to a single source for in-depth data on macroeconomy, capital market, sectors, and companies insights.
Argaam.com Copyright © 2026, Argaam Investment, All Rights Reserved
Call Request
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}