Ithmaar Holding reports profits for the year

Ithmaar Holding reports profits for the year

Ithmaar Holding reported a net loss attributable to equity holders for the three-month period ended 31 December 2019 of US$11.38 million, a 57.4 percent decrease compared to the net loss of US$26.71 million reported for 2018.. Accumulated losses at 31 December 2019 of US$746.29 million amounted to 98.5 percent of the share capital compared to 99.2 percent at 31 December 2018..