SRMG maintains strong results; posts growth in revenue, profit for Q1 2022: CEO

18/05/2022 Argaam Special
Jomana Alrashid, CEO of Saudi Research and Media Group

Jomana Alrashid, CEO of Saudi Research and Media Group

Jomana Alrashid, CEO of Saudi Research and Media Group (SRMG), said that the group continues to deliver robust financial results for the first quarter of 2022. Its revenue jumped nearly 32% year-on-year (YoY) to over SAR 786 million, with net profit rising 23% YoY to SAR 112.5 million 

 

These outstanding results were driven by the strong efforts of the groups’ innovative team, Alrashid told Argaam.

 

The group strengthened its position in the sectors where it operates. SRMG proceeded according to well-thought-out plans in its investments and expansions, which demonstrated outstanding financial performance.
 

SRMG will continue to achieve a better value for its shareholders and meet their aspirations in parallel with a leading position in various operations, Alrashid added.

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