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Al Khaleej Investment turns to loss in 9M/19

Al Khaleej Investment turns to loss in 9M/19
Loss per share hit AED 0.012 in 9M
Al Khaleej Investment
KICO
4.78% 5.70 0.26

Abu Dhabi – Mubasher: Al Khaleej Investment Company turned to loss during the first nine months of 2019, the company’s unaudited consolidated financial statement showed.

The company reported a net loss of AED 1.2 million from January to September 2019, according to a bourse statement released on Wednesday.

Meanwhile, total shareholder’s equity reached AED 311.798 million in the January-September period, compared to AED 328.522 million the year before. 

Al Khaleej Investment’s loss per share hit AED 0.012 in the nine-month period ended 30 September.