Sunday, July 20- 2008 at 22:31
The Saudi Research & Marketing Group’s (SRMG) net profit declined by 49% to SR145.7m in the first half of 2008 from SR287.4m during the same period in 2007, Arab News has reported. The fall in profit this year attributed to exceptional profits made in 2nd quarter of 2007 after selling 30% of its subsidiary Saudi Printing & Packaging Company in an initial public offering.
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