Money and business

Tihama’s losses decreased 78.4% to 12.39 million riyals in a year


The losses of Tihama Company for Advertising, Public Relations and Marketing declined in the fiscal year ending March 31, 2025 by 78.4 to 12.39 million riyals, compared to losses of 57.30 million riyals in the previous year. For the current year compared to the similar year of the previous year with approximately 928 thousand riyals. City balance losses during the current year compared to the similar year of the previous year by approximately 1.6 million riyals. />
– Decrease in Zakat During the current year compared to the similar year of the previous year by approximately 3.7 million riyals. The current year compared to the similar year of the previous year mainly to:
– The company has formed a slow-moving inventory during the current year with approximately 7.8 million riyals. The previous value of 3.3 million riyals during the current year, the expenses of the depreciation of assets increased by 2.1 million riyals compared to the similar year of the previous year, and the changing and short rental expenses increased during the current year by 1.3 million riyals compared to the similar year of the previous year.

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