Saudi Research and Media Group (SRMG) News - Mubasher Info
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Saudi Research and Media Group (4210)

Last update: 7 May 03:17 PM market time.
76.90
-0.70
-0.90%
Open 77.70
Previous Close 77.60
High 78.10
Low 76.70
Stock Statistics
Volume 211,570
Turnover 16,290,699.00
All data are 15 minutes late during market session

News

Net profits stood at SAR 6.7 million in Q2-17, against SAR 51.6 million losses in Q2-16, according to statements to the Saudi Stock Exchange (Tadawul)
3 August 2017 05:52 PM Research and Marketing turns to profits in Q2 on higher revenues
Riyadh – Mubasher: Saudi Research and Marketing Group on Thursday said it turned to profitability in the second quarter of 2017, against losses in the same period in the year earlier. Net profits stood at SAR 6.7 million in Q2-17, against SAR 51.6 …
Trading volume reached 1.9 million shares through 3,790 transactions, generating SAR 129.27 million.
27 July 2017 01:19 PM Research and Marketing’s stock rises to 10-yr high
Riyadh – Mubasher: Saudi Research and Marketing’s stock on Thursday levelled up to its highest level in 10 years or since the beginning of 2007, increasing for the fourth time in a row. By 12:45 pm Saudi time, the stock surged 8.61% to SAR 69.40. …
By 11:40 am Saudi time, the stock surged 7.83% to SAR 53
12 July 2017 11:51 AM Research and Marketing’s stock rises to 1.5-yr high
Riyadh – Mubasher: Saudi Research and Marketing’s stock on Wednesday grew to its highest level since one and a half years, or since 11 January 2016, remaining in the green zone for the fifth session in row. By 11:40 am Saudi time, the stock surged …
Turnover on the stock amounted to SAR 54.12 million
4 July 2017 02:02 PM Research and Marketing’s stock rises to 11M high Tuesday
Riyadh – Mubasher: Saudi Research and Marketing’s stock on Tuesday jumped to its highest level in almost eleven months, or since 16 August 2016, leading the Saudi bourse’s gainers. By 1:53 pm KSA time, the stock rose 5.3% to SAR 37.85 on the Saudi …
(Photo archive)
3 May 2017 11:50 AM Research and Marketing unit inks SAR 182m deal
Riyadh – Mubasher: Saudi Research and Marketing Group’s subsidiary Taoq International Public Relations Co signed a three-year contract worth SAR 182 million ($48.53 million). The contract was inked on Tuesday with a company working in the field of …
Ghassan Al Shibl is also the chairman of Saudi Arabian Airlines - (Photo Archive)
29 January 2017 04:10 PM Research and Marketing appoints new managing director
Riyadh - Mubasher: Saudi Research and Marketing Group announced on Sunday that the company’s managing director, Azzam bin Mohammed Al Dakheel, has resigned for personal reasons, effective Sunday 29 January. According to the company’s statement to …
The deals allow the company to expand globally - (Photo Archive)
26 December 2016 05:14 PM Taoq inks two SAR160/year contracts
Riyadh - Mubasher: Saudi Research and Marketing Group announced on Monday that its subsidiary, TAOQ Public Relations, has signed a contract to expand globally and operate in Europe, Middle East, and Africa. The 5-year contract signed by Taoq has a …
The research and marketing firm did not mention the exact stake percentage (Photo Archive)
3 November 2016 09:44 AM SRMG unit buys stake in Al Watania Distribution
Riyadh – Mubasher: Saudi Company for Distribution, a unit of Saudi Research and Marketing Group (SRMG), signed an agreement to acquire a stake equivalent to each founding partner’s in Al Watania Distribution Company, according to a bourse filing. …
The losses were attributable to lower revenues by 10.4%- (Photo Archive)
20 October 2016 11:48 AM Research and Marketing Q3 losses surge by 1107%
Riyadh – Mubasher: Saudi Research and Marketing Co.’s net losses surged 1107% to SAR 80.9 million ($21.57 million) for the third quarter of 2016 from SAR 6.7 million ($1.8 million) in the year-ago period. The losses were attributable to lower …
The unit will provide media and marketing services to a commercial company- (Photo archive)
21 September 2016 09:23 AM Research and Marketing unit inks 5-year marketing contract
Riyadh – Mubasher: Saudi Research and Marketing Group’s subsidiary Taoq International Public Relations Co. signed a five-year contract on Tuesday. Under the deal, the unit will provide media and marketing services to a commercial company that …
Gross profit fell to SAR 66.1 million in Q1-16 (photo archive)
21 April 2016 09:25 AM Research and Marketing profits up 11% in Q1
  Riyadh – Mubasher: Saudi Research and Marketing Group on Thursday posted a net profit of SAR 21.8 million ($5.8 million) for Q1-16, a rise of 10.66% from SAR 19.7 million ($5.25 million) the corresponding period the year before. Profits from the …
Photo Archive
21 January 2016 03:57 PM Research and Marketing widens Q4 losses by 821%
Riyadh-Mubasher: Saudi Research and Marketing Co. posted net losses of SAR 187 million for the fourth quarter of 2015, rising 821% compared with SAR 20.3 million in the corresponding period a year ago. The company also widened its full-year losses …
Photo Archive
3 January 2016 00:59 PM SRMG free float declines to 30% at end-Q4
By Mohammed Abu Meleeh Riyadh-Mubasher: The free float of Saudi Research and Marketing Group (SRMG) dropped to 35.8% at the end of the fourth quarter of 2015, compared with 65.7% in the previous quarter, showed data compiled by Mubasher. Despite …
Photo Credit: Arabianeye - Reuters
31 December 2015 08:29 PM Fourteen Tadawul stocks end 2015 below par value
By Mohamed Abu Meleeh Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) saw in 2015 its biggest declines since 2008, dragged lower by global economic difficulties mainly the slump in oil prices, which reflected on national economy. Thus, a …
Photo Archive
14 December 2015 08:17 AM Saudi Research board member steps down
Riyadh-Mubasher: Saudi Research and Marketing Co. (SRMC) said the board accepted the resignation of independent member Abdul Rahman Al-Rwaita, effective from 13 December.  
Photo Archive
13 December 2015 04:30 PM Saudi Research appoints former minister as CEO
Riyadh-Mubasher: Saudi Research and Marketing Co. (SRMC) said the board gave the go-ahead for appointing former minister of education Azzam Al-Dakhil as managing director and CEO, effective as of 13 December. The board also approved appointing …
Photo Credit: Arabianeye - Reuters
13 December 2015 04:10 PM Saudi Research names Farhan as chairman
Riyadh-Mubasher: Saudi Research and Marketing Co. (SRMC) said the board accepted the resignation of Chairman Suleiman Al Hudaithi, effective as of 13 December. The board also approved appointing Badr Farhan as Chairman as of 13 December, the …
Photo Credit: Arabianeye - Reuters
1 December 2015 02:27 PM Tadawul executes SAR3.2bn put-through trades in Nov
By Mohamed Al Arabi Riyadh – Mubasher: The value of put-through transactions carried out on Saudi Stock Exchange (Tadawul) in November rose to SAR 3.2 billion (81.5 million shares), up 60% from SAR 1.9 billion (51 million shares) in October. Saudi …
Photo Credit: Arabianeye-Reuters
25 November 2015 01:17 PM SRMG sees 2 put-through trades worth over SAR 157m
Riyadh-Mubasher: Saudi Research and Marketing Group (SRMG) witnessed on Wednesday two put-through transactions, through which 4.5 million shares were exchanged at SAR 35 each, totalling SAR 157.3 million.    
Photo Credit: Arabianeye - Reuters
15 November 2015 08:44 AM Saudi’s SRMG names new chief executive
Riyadh – Mubasher: Saudi Research & Marketing Group (SRMG) announced appointing Saleh bin Hussein Al Duwais as chief executive officer to replace CEO & Managing Director Suleiman Al Hadithi who submitted his resignation on 14 November. The new …
Prince Alwaleed bin Talal
3 November 2015 09:11 AM KHC sets aside provisions for SRMG stake sale
Riyadh-Mubasher: Kingdom Holding Co. (KHC) has set aside provisions to cover the difference between the selling price of its stake in Saudi Research and Marketing Group (SRMG) and sale returns, the company said in a statement to Tadawul on …
Photo Archive
2 November 2015 09:20 AM Major events on Tadawul for Monday
Riyadh-Mubasher: Investors are anticipating the following major events on Saudi Stock Exchange on Monday:     
Photo Credit: Arabianeye - Reuters
1 November 2015 05:04 PM 2 NCB funds own majority stake in SRMG
By Mohammed Abu Meleeh Riyadh-Mubasher: Saudi Research and Marketing Group (SRMG) said on Sunday that some of its shareholders sold a 55.21% stake to two investment funds owned by the National Commercial Bank (NCB). The two funds are NCB Capital 4 …
Photo Credit: Arabianeye - Reuters
1 November 2015 04:29 PM Research and Marketing stock to resume trading Monday
Riyadh-Mubasher: Saudi Arabia’s Capital Market Authority (CMA) decided to resume trading on Research and Marketing stock as of Monday, 2 November. The resumption comes after the announcement of material information related to the ownership of …
Photo Archive
1 November 2015 00:46 PM Research & Marketing sees 9 put-through trades worth SAR 1.5bn
Riyadh-Mubasher: Saudi Research & Marking Group (SRMG) witnessed on Sunday put-through transactions, through which 44.1 million shares changed hands at SAR 35 each, totalling SAR 1.5 billion. Kingdom Holding Co. (KHC), the investment firm owned by …