Mohammed Al Mojil Group (MMG) has reported its 2016 headline figures. Revenue came in at SAR66.3mn (2015: SAR83.3mn). Operating loss was SAR130.7mn (2015: SAR303.0mn in operating loss). Gross loss was SAR47.3mn (2015: SAR162.0mn, also in losses), while net loss was SAR161.2mn (2015: SAR316.6mn in net loss). Accumulated losses reached SAR3.7bn, 3.0x paid-in capital.
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