DUBAI, Oct 12 (Reuters) - Saudi Arabia's Capital Market Authority (CMA) lifted a one-day suspension on trading of Mobily's
It halted trading on Sunday pending the mobile firm's response to the preliminary findings of a panel investigating its restatement of over two years of earnings.
Mobily, part-owned by Abu Dhabi-listed Etisalat
The company restated 27 months of earnings to March 31, 2015, slashing its total profits over the period by nearly 1.76 billion riyals ($470 million).
Mobily first revealed there were errors in its financial statements on Nov. 3, 2014, since when its shares have fallen 63 percent.
(Reporting by Katie Paul; Editing by David French) ((Katie.Paul@thomsonreuters.com;))
Keywords: MOBILY STOCKS/