Business · Companies · 10 hrs ago

13 TASI-listed companies have losses exceeding half their capital

13 TASI-listed companies have losses exceeding half their capital

Thirteen companies listed on TASI have losses exceeding half their capital.

TASI is Saudi Arabia’s main share-market index.

The figure refers to the companies’ losses compared with their capital, not a fall in the index itself.

The threshold is more than 50% of capital.

The provided text does not name the companies or give details about their losses.

It does not say what steps the companies may take next.

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