Tihama accumulated losses down to 25% of capital

Riyadh - Mubasher: Tihama Advertising and Public Relations said that its accumulated losses reached SAR 18.5 million by the end of June 2017, representing 24.6% of the company’s capital.

The company said in a statement to the Saudi Stock Exchange (Tadawul) on Sunday that net profits amounted to SAR 1.6 million in the second quarter of the year, versus losses of SAR 11.1 million for the same period last year.

Tihama led today’s gainers in Sunday’s session, surging 9.95% to SAR 44.55.

Mubasher Contribution Time: 06-Aug-2017 16:48 (GMT)
Mubasher Last Update Time: 06-Aug-2017 16:48 (GMT)