SRMG
4210
-2.41%
137.60
-3.40
4210
Riyadh – Mubasher: Saudi Research and Marketing Group reported a 582.9% year-on-year hike in profits for the first quarter of 2019.
Net profits amounted to SAR 79.9 million in Q1-19, compared to SAR 11.7 million in Q1-18, the company said in a statement to the Saudi Stock Exchange (Tadawul) on Sunday.
Revenues of the Saudi-based company surged 43.6% to SAR 531.6 million during the first three months of 2019, from SAR 370.3 million in the same period of the previous year.
Source:
Mubasher