Riyadh- Mubasher: Saudi Research and Marketing Group reported a 1152.5% hike in net loss during the fourth quarter of 2018, recording SAR 50 million.
On the other hand, the company’s profit surged 82.72% to SAR 84.6 million last year, compared to SAR 46.3 million a year earlier.
Revenue rose 20.5% to SAR 2.091 billion in 2018 versus SAR 1.735 billion.
In October, Saudi Research reported a 46.67% year-on-year rise in net profit during the third quarter of 2018, registering SAR 37.4 million, compared to SAR 25.5 million in the year-ago period.
