WG Wearne Limited announces audited abridged earnings results for the year ended 28 February 2017. For the year, the company reported that revenue decreased from SAR 17,829 million to SAR 389,429 million due to the elimination of Intercompany administrative charges resulting in a decrease in Gross Profit to SAR 41,769 million. The restatement of Revenue has no impact on the comprehensive loss for the year under review of SAR 32,185 million as compared to SAR 12,468 million for the same period last year. The material uncertainty relating to going concern is due to the group incuring a loss from continuing operations of SAR 28.8 million during the year ended 28 February 2017.