Al-Baha Investment and Development Company records a decrease in its net losses in the second quarter of 2022
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The preliminary financial results of Al-Baha Company “Al-Baha Investment and Development” showed that the net loss in the second quarter of the current year decreased by 76% on an annual basis and on a quarterly basis it decreased by 96.24%.
The net loss after zakat and taxes amounted to about 152,600 Saudi riyals, compared to a loss of 635,620 Saudi riyals in the same period last year, according to the company’s financial statement published in the Saudi Tadawul.
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