Riyadh – Mubasher: Tihama Advertising, Public Relations and Marketing posted SAR 11.5 million net profit for the third quarter of the current fiscal year, against SAR 24,400 net losses in the prior-year period, according to a bourse filing sent Thursday.
The nine-month net loss amounted to SAR 29 million, down 31% year-on-year from SAR 42 million.
The Tadawul-listed company said the fourth-quarter’s profits were spurred by a rise in net revenues from distribution and advertising segments.
