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Update: MBC Group Swings to H1 Attributable Loss; Revenue Falls

MT Newswires·08/11/2026 01:48:55
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01:48 AM EDT, 08/11/2026 (MT Newswires) -- (Updates figures in the second paragraph to reflect a company-issued correction) MBC Group (SASE:4072) said Monday it swung to an attributable loss for the first half, while revenue declined year over year. Net loss attributable to shareholders of the issuer for the six months ended June 30 was 64.5 million Saudi riyals, compared with an attributable profit of 382.8 million riyals a year ago. Loss per share was 0.19 riyal, compared with EPS of 1.15 riyals. The Saudi Arabia-listed media company's revenue was 2.28 billion riyals, compared with 3.03 billion riyals earlier.