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MBC GROUP DELIVERS RESILIENT 1Q 2026 PERFORMANCE ANCHORED BY STRONG MBC SHAHID GROWTH
- MBC Group reported first-quarter 2026 revenues of SAR 1.6 billion, down from SAR 2.0 billion in the same period in 2025 due to project timing and cautious advertising amid regional geopolitical issues.
- Net profit for the quarter was SAR 222.3 million, a 15.6% decrease year-on-year, but net profit margin increased to 14.1%, helped by cost management and a more than threefold increase in MBC SHAHID's net profit.
- MBC SHAHID's revenues grew 17.5% year-on-year to SAR 459.9 million, driven by subscriber growth in MENA and international markets.
- MBC SHAHID's net profit increased by 257.7% year-on-year to SAR 47.4 million, highlighting its importance as a major earnings contributor to MBC Group.
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MBC GROUP DELIVERS RESILIENT 1Q 2026 PERFORMANCE ANCHORED BY STRONG MBC SHAHID GROWTH
RIYADH, Saudi Arabia, May 10, 2026 /PRNewswire/ -- MBC GROUP ("MBC" or the "Company" or the "Group") (Tadawul: 4072), the leading media and entertainment conglomerate in the Middle East and North
·New York, United States
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Total News Sources27
Leaning Left2Leaning Right4Center8Last UpdatedBias Distribution57% Center
Bias Distribution
- 57% of the sources are Center
57% Center
14%
C 57%
R 29%
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