Arab Sea Information System Co. Announces the Decrease of its Accumulated Losses to 19.8 % of the Capital
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August 11, 2026
Arab Sea Information System Co. Announces the Decrease of its Accumulated Losses to 19.8 % of the Capital
Element List
Explanation
Introduction
Arab Sea Information Systems Company announces a decrease in its accumulated losses to 19.8% of its capital.
Date of accumulated losses decrease
2026-06-30 Corresponding to 1448-01-15
Amount of the Accumulated Losses
19.839.385 SR
Percentage of the Accumulated Losses out of the Capital (%)
19.8 %
Measures Taken by the Company to Decrease Accumulated Losses
– The company’s revenues increased in the first half of 2026, which led to a reduction in net loss for that period, resulting in a decrease in accumulated losses from capital.
The external auditor’s report clarifying the financial position of the company