MBC Group Co. — Earnings Release 2023

Mar 27, 2024

MBC Group Co. announces its Annual Financial results for the period ending on 2023-12-31

4072 · 27/03/2024 08:21:36 · Announcement #78995 · View on Saudi Exchange

MBC Group Co. announces its Annual Financial results for the period ending on 2023-12-31

Element List	Current Year	Previous Year	%Change
Sales/Revenue	1,704,187	-	-
Gross Profit (Loss)	472,999	-	-
Operational Profit (Loss)	-84,020	-	-
Net profit (Loss)	17,555	-	-
Total Comprehensive Income	20,695	-	-
Total Share Holders Equity (After Deducting the Minority Equity)	3,779,232	-	-
Profit (Loss) per Share	0.17	-
All figures are in (Thousands) Saudi Arabia, Riyals

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

Element List	Explanation
The reason of the increase (decrease) in the sales/ revenues during the current year compared to the last year	The Group does not have comparative figures as the current reporting period starts from the date of incorporation (20 April 2023) till the period end date (31 December 2023). Thus, reasoning of increase or decrease is not applicable.
The reason of the increase (decrease) in the net profit during the current year compared to the last year is	The Group does not have comparative figures as the current reporting period starts from the date of incorporation (20 April 2023) till the period end date (31 December 2023). Thus, reasoning of increase or decrease is not applicable.
Statement of the type of external auditor's report	Unmodified opinion
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	Not applicable.
Additional Information	Additional financial information will be available in the consolidated financial statements presenting the consolidated results of operation of Group companies for the full year, compared to prior year.
Attached Documents

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