MBC Group Co. — Interim / Quarterly Report 2026

May 10, 2026

MBC Group Co. announces its Interim Financial results for the Period Ending on 2026-03-31 ( Three Months )

4072 · 10/05/2026 08:05:15 · Announcement #95110 · View on Saudi Exchange

MBC Group Co. announces its Interim Financial results for the Period Ending on 2026-03-31 ( Three Months )

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	1,576,631	2,043,817	-22.858	1,549,090	1.777
Gross Profit (Loss)	402,982	539,157	-25.257	154,045	161.6
Operational Profit (Loss)	158,797	253,833	-37.44	-143,138	-
Net Profit (Loss) Attributable to Shareholders of the Issuer	198,000	231,804	-14.583	-20,030	-
Total Comprehensive Income Attributable to Shareholders of the Issuer	195,582	228,880	-14.548	-21,128	-
All figures are in (Thousands) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Total Shareholders Equity (after Deducting Minority Equity)	4,745,787	4,401,579	7.82
Profit (Loss) per Share	0.6	0.7
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	-	-
All figures are in (Thousands) 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	The decline in revenues during Q1 2026 compared to Q1 2025 by SR 467 million is attributed to the decrease in the Broadcasting and Other Commercial Activities segment’s revenues, driven by the decline in advertising revenues as a result of softer advertising demand amid the ongoing geopolitical tensions, and the conclusion of certain broadcasting and technical services contracts.

MBC SHAHID segment’s revenues increased by SR69 million, driven by the increase in subscriber revenues.

Revenues from the Media and Entertainment Initiatives segment declined by SR264 million, which is attributed to different projects delivery timing.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 decline in net profit during Q1 2026 compared to Q1 2025 by SR 41 million is mainly a result of the decline in Broadcasting and Other Commercial Activities segment’s profit by SR 64 million, due to the decline in advertising revenues amid the ongoing geopolitical tensions in the region. Media and Entertainment segment’s profit decreased by SR 11 million.

MBC SHAHID segment’s profit increased by SR 34 million, due to higher subscriber revenues.The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is The increase in revenues in Q1 2026 compared to Q4 2025 by SR 28 million was driven primarily by a SR 240 million increase in Broadcasting and Other Commercial Activities segment’s revenues and a SR 94 million increase in the MBC SHAHID segment’s revenues, supported by the positive impact of the holy month of Ramadan.

Media and Entertainment Initiatives segment’s revenues decreased by SR 305 million due to projects delivery timing.The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is The increase in net profit during Q1 2026 compared to Q4 2025 by SR 213 million is mainly a result of the increase in Broadcasting and Other Commercial Activities segment’s profit by SR 113 million, and the increase in the profits of MBC SHAHID segment by SR 103 million, supported by the positive impact of the holy month of Ramadan. Media and Entertainment Initiatives segment’s profits decreased slightly by SR 3 million.Statement of the type of external auditor's report Unmodified conclusionComment 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 reclassifications have been made to the prior period's interim condensed consolidated financial statements to conform to the current period's presentation. These reclassifications had no effect on previously reported interim condensed consolidated total comprehensive income, interim condensed consolidated statement of changes in equity and interim condensed consolidated statement of financial position.Additional Information For more information, please refer to the investor relations Earnings Release attached to the announcement.Attached Documents  

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