Riyadh – Mubasher: Tihama Advertising and Public Relations suffered losses worth SAR 1.65 million ($440,000) in July 2016 to bring up a total of SAR 11.9 million ($3.2 million) losses for the four months ended 31 July, 2016.
According to a bourse statement, operating losses reached SAR 1.8 million in July, pushing the overall operating losses to stand at SAR 13.3 million in the four months ended 31 July, 2016.
Tihama’s accumulated losses to July totalled SAR 84.05 million representing 56.03% of the capital.
