Riyadh – Mubasher: The net profits of Saudi Research and Media Group (SRMG) hit SAR 1.70 million in the second quarter (Q2) of 2026, against net losses of SAR 9.74 million during Q2-25.
The quarterly revenue rose by 13.31% to SAR 765.59 million, compared to SAR 675.67 million in the prior-year quarter.
The group attributed the revenue growth to its publishing and visual content segment, which benefited from broadcasting projects for the King’s Cup, Roshn Saudi League, Saudi Super Cup, and the Saudi First Division League.
The return to net profit was further supported by the reversal of expected credit loss provisions and a reduction in general and administrative expenses.
In the first half (H1) of 2026, the net profit jumped by 64.09% year-on-year (YoY) to SAR 34.77 million from SAR 21.19 million. Half-year revenues climbed to SAR 1.54 billion from SAR 1.33 billion.
The company also recorded a gain of SAR 31.35 million from the conversion of loans into equity within its printing and packaging segment.
Earnings per share (EPS) for the six-month period stood at SAR 0.43, compared to SAR 0.26 a year earlier.
In the first quarter (Q1) of 2026, the group’s net profits attributable to the shareholders grew by 6.88% YoY to SAR 33.07 million from SAR 30.94 million.
