21 Hrs
Source:
مباشر
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MBC swings to Q3 loss
MBC Group swung to a net loss of SAR 445.26 million in the third quarter of 2026, compared with a profit of SAR 19.74 million a year earlier. Its loss widened from the second quarter, when it recorded a loss of SAR 262.53 million. The company attributed the decline mainly to a SAR 333 million drop in investment profits and an SAR 86 million decline in operating profits, along with lower advertising revenue and the expiry of some broadcasting and technical-services contracts, despite growth in MBC Shahid revenue. For the first nine months of the year, the group posted a loss of SAR 509.8 million, compared with a profit of SAR 402.56 million in the same period last year.
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