Riyadh – Mubasher: Tihama Advertising and Public Relations posted a decline in accumulated losses to represent 35.9% of its capital valued at SAR 150 million, according to a bourse statement.
Accumulated losses reached SAR 53.88 million as at 17 October, after offsetting SAR 30.1 million.
By the end of September, accumulated losses stood at SAR 84 million, representing 56% of the company’s capital.
The accumulated losses flag mark will be removed from the exchange website as the company reduced its accumulated losses below 50% of its capital.
