‎Time Entertainment’s accumulated loss at 48.6% of capital

‎Time Entertainment’s accumulated loss at 48.6% of capital ‎Time Entertainment’s accumulated loss at 48.6% of capital

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Time Entertainment flags going concern risk as losses near half of capital

Time Entertainment Co.’s accumulated losses reached SAR 4.86 million as of March 31, 2025, accounting for 48.6% of capital.

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The external auditor raised material uncertainty related to the company’s going concern, it said in a statement to Tadawul.

Measures applicable to listed companies whose accumulated losses reach 20% or more of their capital will be implemented, it added.

Time Entertainment posted a net loss of SAR 9.7 million for 2025, against a net profit of SAR 8.7 million in the year before, according to Argaamdata.

 

Time Entertainment flags going concern risk as losses near half of capital

Time Entertainment Co.’s accumulated losses reached SAR 4.86 million as of March 31, 2025, accounting for 48.6% of capital.

The external auditor raised material uncertainty related to the company’s going concern, it said in a statement to Tadawul.

Measures applicable to listed companies whose accumulated losses reach 20% or more of their capital will be implemented, it added.

Time Entertainment posted a net loss of SAR 9.7 million for 2025, against a net profit of SAR 8.7 million in the year before, according to Argaamdata.

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