MBN reports Q2 loss of 262.53 million
The financial results of MBC Group showed a net loss of 262.53 million SAR in the second quarter of 2026, compared to a profit of 151.013 million SAR in the same period last year. The loss is mainly attributed to a decrease in investment gains by 348 million SAR due to unrealized losses from changes in fair value of a financial investment, as well as a decline in revenues by 280 million SAR resulting from slowed demand for advertising and the impact of political tensions. However, the "MBC Shahid" segment's revenues increased by 60 million SAR thanks to a rise in subscribers. Additionally, the company recorded a decrease in profits from the broadcasting, media, and entertainment sectors due to differences in project delivery schedules.
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