November 11, 2026
The MBC Group attributed its quarterly losses to two main factors. The first point is the decline in investment profits, with a decrease of 333 million riyals, as a result of recording unrealized losses resulting from the change in the fair value of a financial investment registered at fair value through profit or loss.
The second point relates to recording operating losses amounting to 49.74 million riyals during the third quarter, compared to operating profits amounting to 35.79 million riyals in the third quarter of 2025.
These operating losses came as a result of the decline in operating profits for the broadcasting sector and other commercial activities, affected by the decline in advertising revenues in light of the continuing existing geopolitical tensions and the expiration of some broadcasting and technical services contracts.
In terms of financial performance since the beginning of the year, the MBC Group incurred net losses amounting to 509.79 million riyals during the first nine months of 2026, compared to net profits amounting to 402.56 million riyals for the same period last year.
