JEDDAH, 22 November — 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. 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 Sept. 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. The prince said negotiations are continuing with a number of parties engaged in satellite television in order to pave the way for Tihama to enter into this sector.
