Riyadh – Mubasher: Tihama Advertising and Public Relations’ net losses reached SAR 620,000 ($165,300) in July 2016 in August.
The total losses for the five-month period reached SAR 2.75 million ($733,000) losses, according to a bourse filing.
Tihama’s accumulated losses totalled SAR 84.66 million representing 56.44% of the capital worth SAR 150 million.
Operating losses reached SAR 1 million in August, pushing the overall operating losses to stand at SAR 14.28 million in the five months.
