Riyadh – Mubasher: Saudi Capital Markets Authority (CMA) decided to lift the suspension of trading the shares of Tihama Advertising and Public Relations as of 25 December.
The decision came after the company announced its preliminary financial statements for the fiscal period ending on 30 September approved from an external auditor, according to a bourse filing on Sunday.
On Thursday, Tihama announced achieving net losses of SAR 22.7 million in the second quarter ended 30 September 2016, down 22.5% year-on-year from SAR 29.3 million.
CMA suspended trading on Tihama's shares on 7 August as a reason for announcing its preliminary financial statements without being reviewed by the external auditor.
