GulfBase Live Support
01/07/2014 06:32 AST
Etihad Atheeb has sold land and property in Riyadh for SR160 million, the fixed line telecommunications operator said.
Atheeb, which uses the brand name Go, sold a building and two plots of land to an unidentified buyer, according to a company filing to Riyadh's bourse.
These assets had a book value of SR60 million, giving Atheeb a gain of SR100 million, which will be reflected in its first-quarter results, the statement said. Atheeb's financial year starts on April 1.
The company made a net loss of SR249 million in the 12 months to March 31.
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Ticker | Price | Volume |
---|
Ticker | Price | Change |
---|---|---|
STC | 43.90 | -0.70 (-1.57 |
ETIHADETISALAT | 59.00 | -1.30 (-2.16 |
ZAIN.KSA | 10.68 | 0.02 (0.18 |
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