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Tihama Advertising & Public Relations Co. JSC (Saudi Arabia)

Main Activities: Advertising, Public Relations, and Related Services | Public Relations Agencies
Full name: Tihama Advertising & Public Relations Co. JSC Profile Updated: October 29, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

The Company is mainly engaged in advertising and communicating in the whole Middle East. Also, it has vast operating experience in the fields of advertising, public relations, media representation and publishing, media services, communications, bookstores and video services.
The Company is one of the largest groups in KSA, specialized in the field of advertisement, public relations, marketing, media services, production, retail and education. The Company started its business as a limited liability company in 1974, then transferred to a Saudi joint-stock company according to Companies Law in KSA, subject to Ministerial Decree No. 1397 dated Jumada Al Thani 1403 ,29 H, corresponding to April 1983 ,13 G issued by the Minsitry of Commerce. The Company exercises its business under the license from the Ministry of Culture and Media No. 23232, with a paid up capital of SAR 50 million divided into 5 million shares. The Company manages its business through its registered office located in Riyadh (The Extraordinary General Meeting of Shareholders held on October 2016 ,16 agreed to transfer registered office to Riyadh City from Jeddah), with branches and sister companies in the Kingdom of Saudi Arabia and GCC countries.
During its journey, the Company succeeded in creating the trust as the pioneer in advertising and marketing as it gained the exclusive partnership rights for a distinct group of advertising media business, international newspapers and magazines as well as several Arab satellite channels and strategic global partnerships. The Company is the parent company from which other companies in the business of advertising and marketing (journals, magazines and satellite channels) have emerged, on both the local and regional level. The Distribution business was used as a vehicle from which the Company has successfully developed its Education sector. The Company began its retail business via bookstores which were opened as outlets to distribute the publications of Arabic authors. In recent years the retail sector has been expanded to cover travel retail and Food Beverages. Since 2019 the Compnay has developed its media presence with investments in the audio-visual and commercial Advertising production sector.
The company is the very embodiment of the pioneering spirit that forged the thriving nation we see today. Founded in 1974, by an elite group of visionary businessmen who helped establish the Kingdom as a regional powerhouse, the company sought to lay the foundations for a vibrant media and communications industry. Implementing best-in-class practices across business channels from publishing, bookstores, education and media to production and distribution of newspapers and magazines, the companyhas always been at the cutting edge of business throughout the region.
The Company s Vision is to be the company looked to as a benchmark in the media, education and retail sectors, driving meaningful change across some of the region's most exciting growth sectors. A company always striving to blend emerging technologies and human capital without ever losing sight of the core values on which we have built our success.
The Company s Mission; At the Company, it is seriously engaged in harnessing new technologies, seeking new ideas and developing a working culture that will attract and keep the best talent in the region. If the Company do that right, market leadership is the result. A result that will continue to add value to their people, partners and shareholders, as well as to the reputation of its nation as a whole.
The Company s strategy has never been about growth for growth's sake. it looks to keep adding value to the services it provides by getting closer to its clients' businesses, by better understanding their needs and adapting how it works to meet them. After all, more business is only good if it is good business for everyone.
Key objectives are to provide world-class solutions to a diverse range of clients, to enhance its commercial value through the maximization of the Company's extensive networks and resources across their three key operational sectors – media, education and retail, to be a responsible employer and a leading contributor to the nation's sustainability and development goals.
The Company s core values are Creativity: At the Company, it strives to bring new and different perspectives to every facet of how its business operates across all disciplines and industry sectors. It is a multi-faceted approach with creative problem solving at its very core.,Openness: The Company has a culture of constant learning. The Company is always open to game-changing ideas and technologies, quick to adopt and adapt to new approaches in its industry., Leadership: take risks and are not afraid to admit when they are wrong. That is the very DNA of how the Company work and the key to its ongoing status as a front-runner in its markets., Determination :As a business, the company loves a challenge. That's what drives it on, every day. The Company s determination, inspired by its founders' pioneering spirit, to find solutions that grow its business is absolutely relentless, Confidence: Confidence is all about trust. Over the years, the company has built long-term, mutually-beneficial relationships, both internally and externally, based on delivering on its promises. its people, partners and stakeholders have confidence in us. As it does in them.
The company started its activity as a limited liability company in 1974, then transformed into Saudi joint-stock company on 1983 with paid-up capital 150 million Saudi Riyals distributed on 15 million shares.
The Company was established in June 3 ,1992, and was registered under the registry No. 1010016722 in June 14, 1978.
The Company s head office is in Riyadh, the company has a branch in Jeddah registered under the Commercial Registration No. 4030008889 on 1395-03-04H (corresponding to 15/4/1975).
The company has offices in Cairo, Dubai, London and Paris.
The company was listed on Saudi Stock Exchange (Tadawul) on Jan. 31, 1993.
The CMA has issued its resolution to suspend the trading of Tihama Advertising and Public Relations Company shares in the Saudi Stock Exchange (Tadawul) Starting from 9 October 2022 due to registering an application with the court for commencing a financial restructuring procedure for the issuer in accordance with the Bankruptcy Law.

Headquarters
Al Muhamadiah - King Fahad Road - Al Oula Building 4Th Floor, P.O.Box 4681
Riyadh; Al-Riyadh; Postal Code: 11412

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Website: http://www.tihama.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1974
Key Executives
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Chairperson
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Vice Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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8.725%
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7.5%
Subsidiaries
Tihama Holding For Commercial Investment Company
100%
Tuhama Education Company
100%
Aventus Global Trading Company (United Arab Emirates)
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency SAR. Absolute financial data is included in the purchased report.
Net sales revenue
-31.34%
Total operating revenue
-14.21%
Operating profit (EBIT)
-57.63%
EBITDA
-74.84%
Net Profit (Loss) for the Period
-79.22%
Total assets
136.29%
Total equity
N/A
Operating Profit Margin (ROS)
-22.37%
Net Profit Margin
-34.97%
Return on Equity (ROE)
N/A
Debt to Equity Ratio
N/A
Quick Ratio
1.36%
Cash Ratio
1.43%

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