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Wireless

Etihad Atheeb FY loss widens as revenues fall over 19%

Tuesday 30 June 2020 | 10:57 CET | News
Saudi operator Atheeb Telecom, which trades as Go, reported a net loss after Zakat and tax of SAR 71.6 million for the fiscal year ended 31 March, widening from a loss of SAR 53.3 million in the same period a year earlier. The increase in net loss was attributed to a decline in revenue and other income, as well as increased depreciation and financial charges. Revenue fell by 19.4 percent to SAR 339.6 million. 

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Categories: Mobile & Wireless
Companies: Atheeb Telecom
Countries: Saudi Arabia
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