Tihama Advertising and Public Relations Co.’s subsidiary, Integrated Production Co. for Audiovisual Media Production, signed a contract with a government entity to produce documentary films.
The company said in a bourse filing that the contract, awarded on March 19, 2021, was signed today, May 23, as its value exceeds 5% of the company's total revenue, according to the most recent annual audited financial statements.
The contract duration is 16 months from the date of the project start-up minutes.
The impact will be reflected in the coming financial periods and according to the implementation of the work scope.
There are no related parties, the statement noted.
Comments
{{DisplayName}}
{{ElapsedTime}}