Tihama Advertising and Public Relations Company said it has posted profits of SR18.4 million for the financial year ending March 31 and that it will distribute SR9 million in dividends among its shareholders at the rate of SR3 per share, the Arab News reported Thursday.
According to the Saudi-based paper, Prince Abdul Aziz ibn Ahmad ibn Abdul Aziz told a shareholders' meeting in Jeddah that Tihama will undertake important activities over the coming year to generate more profits. He said the advertising market is faced with a lot of challenges as a result of the September 11 attacks on the United States and this requires more effort from the part of the company for its business activities to under the prevailing circumstances.
Based in Jeddah, Saudi Arabia, Tihama is one of the largest Advertising and Communication Company in the region. Established more than 25 years ago, it has vast operating experience in the fields of advertising, public relations, public relations, media representation and publishing –Albawaba.com
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