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Arab Sea Info Cuts Loss 99% in Nine Months

Riyadh, Saudi Arabia — Arab Sea Information System Co. narrowed its nine-month net loss to just 67,035 SAR, down 99% from 7.05 million SAR in the same period a year earlier. Revenue growth, lower costs, and a 6 million SAR reversal of intangible asset impairment losses drove the sharp improvement. However, auditors flagged a going-concern […] The post Arab Sea Info Cuts Loss 99% in Nine Months…

We haven't written up this one. The Saudi Standard has the full story — the link below goes straight to it.

Read the original at saudistandard.com →

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