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SMRG swings to a loss as revenue drops 18%
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SMRG swings to a loss as revenue drops 18%
Revenues of Saudi Research and Media Group (SMRG) fell significantly, swinging the state-backed media company into a loss in 2025. The top line was down 18 percent to SAR2.7 billion ($720 million) between January and December, compared with SAR3.3 billion in the previous year, the company said in a statement to the Saudi stock exchange. The drop was due to a decline in revenue from the public relations, advertising, and printing and packaging se…
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