MBC Group Co. announces its Interim Financial results for the Period Ending on 2025-03-31 ( Three Months )

11 May 2025 08:17 AM

MBC GROUP 4072 -13.93% 30.64 -4.96

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	2,043,817	1,235,753	65.39	1,239,673	64.867
Gross Profit (Loss)	536,661	346,640	54.817	312,769	71.583
Operational Profit (Loss)	253,833	64,314	294.677	-6,583	-
Net profit (Loss)	263,514	121,282	117.273	175,612	50.054
Total Comprehensive Income	259,692	113,962	127.875	175,925	47.615
All figures are in (Thousands) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Total Shareholders Equity (after Deducting Minority Equity)	4,401,579	3,883,629	13.336
Profit (Loss) per Share	0.7	0.33
All figures are in (Thousands) Saudi Arabia, Riyals

Element List	Amount	Percentage of the capital (%)
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value	-	-
All figures are in (Thousands) Saudi Arabia, Riyals

Element List	Explanation
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is	The increase in revenues during Q1 2025 compared to Q1 2024 by SR 808 million is mainly attributed to the growth across the Group’s different segments supported by strong advertising and digital revenues, particularly during the month of Ramadan, which fell entirely within Q1 2025 compared to only 20 days in Q1 2024, along with increase in broadcast and technical services revenues.
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is	The increase in net profit during Q1 2025 compared to Q1 2024 by SR 142 million is mainly a result of the increase in gross profit of SR 190 million due to increase in revenues during the month of Ramadan.
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is	The increase in revenues during Q1 2025 compared to Q4 2024 by SR 804 million is mainly attributed to the growth across the Group’s different segments especially driven by advertising and digital revenues during the month of Ramadan, along with higher broadcast and technical services revenue compared to Q4 2024.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is	The increase in net profit during Q1 2025 compared to Q4 2024 by SR 88 million is mainly a result of the increase in gross profit of SR 224 million due to increase in revenues mainly during the month of Ramadan, offset by a one-off gain of SR 170 million from the sale of a stake in an associate investment recorded in Q4 2024.
Statement of the type of external auditor's report	Unmodified conclusion
Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion)	None.
Reclassification of Comparison Items	Certain reclassifications have been made to the prior period's interim condensed consolidated financial statements to conform to the current period's presentation. These reclassifications had no effect on previously reported interim condensed consolidated total comprehensive income, interim condensed consolidated statement of changes in equity and interim condensed consolidated statement of financial position.
Additional Information	-
Attached Documents

MBC GROUP REPORTS 1Q 2025 RESULTS