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.

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