Saudi Research and Media Group announces its Interim Financial results for the Period Ending on 2026-06-30 (Six Months)

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	765.59	675.67	13.308	769.63	-0.524
Gross Profit (Loss)	130.71	146.94	-11.045	144.91	-9.799
Operational Profit (Loss)	16.4	9.87	66.16	23.23	-29.401
Net Profit (Loss) Attributable to Shareholders of the Issuer	1.7	-9.74	-	33.07	-94.859
Total Comprehensive Income Attributable to Shareholders of the Issuer	17.37	40.69	-57.311	-30.5	-
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Sales/Revenue	1,535.22	1,326.43	15.74
Gross Profit (Loss)	275.62	305.93	-9.907
Operational Profit (Loss)	39.64	58.52	-32.262
Net Profit (Loss) Attributable to Shareholders of the Issuer	34.77	21.19	64.086
Total Comprehensive Income Attributable to Shareholders of the Issuer	-13.13	78.66	-
Total Shareholders Equity (after Deducting Minority Equity)	2,780.96	3,292.66	-15.54
Profit (Loss) per Share	0.43	0.26
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Amount	Percentage of the capital (%)
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value	-	-
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Explanation
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is	Revenue increased by 13.31% during the current quarter compared to the corresponding quarter of last year, primarily due to the increase in revenue from the Publishing, Visual, and Digital Content segment driven by the broadcasting of the Custodian of the Two Holy Mosques Cup, the Roshn Saudi League, the Saudi Super Cup and the Saudi First Division League. On the other hand, revenues from the Printing and Packaging segment declined due to changes in the market, which led to a decline in the Printing and Packaging segment’s overall business volume.
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is	The Group recorded a net profit during the current quarter, compared to a net loss in the same quarter of the last year, primarily due to the reversal of an expected credit loss allowance on trade receivables, in addition to a reduction in general and administrative expenses.
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is	Revenue decreased slightly by 0.53% during the current quarter compared to the previous quarter, primarily due to the decrease in revenue from the Public Relations and Advertising segment. On the other hand, this decline was offset by higher revenue from the Publishing and Visual and Digital Content segment and the Printing and Packaging segment, driven by increased business volumes.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is	The decrease in net profit during the current quarter compared to the previous quarter, was mainly attributable to lower gross profit and higher finance costs. The results were also impacted by the increase in the Group’s ownership interest in Thmanyah Publishing and Distribution Company to 75% resulting in the Group recognizing a greater share of Thmanyah’s financial results.
The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is	Revenue increased by 15.74% during the current period compared to the same period of last year, primarily due to the increase in revenue from the Publishing and Visual and Digital Content segment, driven by the broadcasting of the Custodian of the Two Holy Mosques cup, the Roshn Saudi League and the Saudi First Division League. On the other hand, revenues from the Printing and Packaging segment declined due to changes in the markets, which led to a reduction in the segment’s overall business volume.
The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is	The reason for the increase in net profits during the current period compared to the same period of the last year, is mainly due to reversal of expected credit loss allowance in trade receivables and the recognition of income resulting from the conversion of loans into equity amounting to SR 31.35 million related to the Printing and packaging segment.
Statement of the type of external auditor's report	Unmodified conclusion
Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion)	None
Reclassification of Comparison Items	Certain prior period figures have been re-classified to conform with the presentation of the current period.
Additional Information	The total revenue of the current quarter is SR 765.59 million compared to SR 675.67 million for the same quarter of last year, an increase of 13.31%, and compared to SR 769.63 million in the previous quarter of current year, a decrease of 0.53%. The total revenue of the current period is SR 1,535.22 million compared to SR 1,326.43 million for the same period of last year, an increase of 15.74%. The total comprehensive income of the parent company for the current quarter is SR 17.37 million compared to SR 40.69 million for the same quarter of last year, a decrease of 57.31%, and compared to a loss of SR 30.50 million in the previous quarter of current year. The total shareholders’ equity for the parent company (after excluding non-controlling interest) as at the end of the current quarter is SR 2,780.96 million compared to SR 3,292.66 million for the same quarter of the previous year, a decrease of 15.54%, and compared to SR 2,903.79 million as at the end of the previous quarter of current year, a decrease of 4.23%. The retained earnings balance as of 30th of June 2026 is SR 2,263.46 million.