BRIEF-Raydan Food FY Loss Widens

-0.23%

-1.56%

Tadawul All Shares Index

TASI.SA

11872.86

-0.23%

RAYDAN

6012.SA

25.20

-1.56%

March 28 (Reuters) - RAYDAN FOOD COMPANY 6012.SE:

FY NET LOSS 30.9 MILLION RIYALS VERSUS LOSS OF 24.6 MILLION RIYALS YEAR AGO
FY SALES 177.4 MILLION RIYALS VERSUS 159.2 MILLION RIYALS YEAR AGO
FY SAW INCREASE THE SELLING PRICES OF PRODUCTS
FY SAW INCREASE IN GENERAL AND ADMINISTRATIVE EXPENSES
FY SAW OTHER RECEIVABLE IMPAIRMENT PROVISION
FY SAW INCREASE IN FINANCING EXPENSES
FY SAW LOSSES FROM IMPAIRMENT IN INVESTMENT FROM INVESTMENT IN ASSOCIATE
RAYDAN FOOD - ACCUMULATED LOSSES AT END-DEC 2.77% OF CAPITAL

Source text for Eikon: ID:nSSE1fhWQV

Further company coverage: 6012.SE

((Reuters.Briefs@thomsonreuters.com;))

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