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Arab Sea Information Systems Cuts Accumulated Losses to 19.8% of Capital

MT Newswires·08/12/2026 00:02:24
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12:02 AM EDT, 08/12/2026 (MT Newswires) -- Arab Sea Information Systems Co. (SASE:7201) said Tuesday that its accumulated losses were reduced to 19.8% of its capital. The Saudi-listed software company added that the reduction was due to an increase in its first-half revenues, which narrowed its net loss for the period.