srmg Loses SAR 9.7 Mln During Q2 2025

The Saudi Research and Media Group (srmg) recorded on Thursday a net loss of SAR 9.7 million during the second quarter of 2025, compared with a profit of SAR 81.4 million in the same quarter of last year. This came after the announcement today of the financial results for the period ending June 30, 2025.

Operational profit reached SAR 8.7 million in the second quarter of 2025, compared with SAR 81.6 million in the same quarter of the previous year, a decrease of 89.3%.

Profits per share reached SAR 0.26 in the second quarter, compared with SAR 2.1 in the same quarter of the previous year.

According to the Company, the net loss for the current quarter amounted to SAR 9.74 million, compared with a net profit of SAR 81.41 million for the same quarter of the previous year. This is mainly due to a decrease in gross profit, mainly as a result of lower revenues in the public relations and advertising sector, the publishing and visual content sector, and lower revenues in the printing and packaging sector. In contrast, during the same quarter of the previous year, a decrease in the value of property, equipment and unproductive spare parts inventory in the printing sector was recorded at a value of SAR 30.46 million.