Saudi Research and Media Group (SRMG) swung to a net loss of SAR 366.3 mn in 2025, down from a net income of SAR 201.7 mn a year earlier, hit by weaker revenues, higher provisions and impairments, and increased admin and marketing costs for new broadcasting projects, it said in a disclosure to Tadawul on Thursday. Revenue fell 18.1% y-o-y to SAR 2.7 bn, dragged by declines in public relations, advertising, printing and packaging, and other segments, partly offset by growth in visual and digital content from major sports broadcasts.
More from Enterprise
Net foreign assets inch up, import financing slows down in March
Import financing has slowed down amid the Hormuz disruptions
Spice wants to fill fine dining’s funding gap with an alternative model
Restaurants get funding upfront by pre-purchasing dining credit
THIS MORNING: Saudi inflation to stay “contained” in 2026, says ENBD
Sab Invest debuts as Saudi’s first ETF market maker
THIS MORNING: Goldman Sachs revises up year-end Brent forecast to USD 90
The US steps up as the global energy stabilizer as…