MBC Group Co. (4072)

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News

18 September 2025 03:00 AM PIF acquires 54% in MBC Group for SAR 7.4bn

Riyadh - Mubasher: Istedamah Holding Company, one of the substantial shareholders in MBC Group, sold its 54% stake in the media group to the Public Investment Fund (PIF), according to a bourse filing.Under the deal, the fund acquired 179.55 million s

Mergers and Acquisitions

11 May 2025 03:00 AM MBC Group achieves SAR 263.5m profits amid solid revenue growth in Q1-25

Riyadh - Mubasher: MBC Group generated 117.27% year-on-year (YoY) higher net profits at SAR 263.51 million in the first quarter (Q1) of 2025, compared to SAR 121.28 million.Earnings per share (EPS) increased to SAR 0.70 in Q1-25 from SAR 0.33 in Q1-2

Sector Reports

8 April 2025 02:14 PM MBC Group’s CEO resigns; Sneesby succeeds

Riyadh - Mubasher: Samuel James Kilion Barnett resigned from his position as the CEO of MBC Group, effective on 30 April 2025. The board appointed Michael John Sneesby as the new CEO, taking over his role on 1 May, according to a bourse statement. …

Board of Directors

27 March 2025 03:19 PM MBC Group’s profits leap 2,327% in 2024

Riyadh - Mubasher: MBC Group logged net profits amounting to SAR 426.13 million in 2024, higher by 2,327% year-on-year (YoY) than SAR 17.55 million. The revenues hiked by 145.11% to SAR 4.19 billion last year from SAR 1.71 billion in 2023, …

Financial Results

31 December 2024 07:28 PM MBC Group’s unit signs agreement with Sela for 2025 Joy Awards

Riyadh - Mubasher: MBC Media KSA Limited, a wholly-owned subsidiary of MBC Group, sealed a services agreement with Sela Company on 31 December 2024, according to a bourse filing. The deal covers providing production and management services for the …

Companies Investments

10 November 2024 02:58 PM MBC Group’s profits skyrocket 378% in 9M-24

Riyadh - Mubasher: The net profits of MBC Group increased by 378% year-on-year (YoY) to SAR 250.51 million in the first nine months (9M) of 2024. The sales hit SAR 2.95 billion in January-September 2024, higher by 10.60% when compared to 9M-23, …

Financial Results

21 October 2024 03:43 PM MBC Group sells SAR 416.5m equity ownership in Al Arabia

Riyadh Mubasher: MBC Group sold part of its stake in Arabian Contracting Services Company (Al Arabia) at an amount of SAR 416.50 million, according to a bourse disclosure. MBC Group sold 2.45 million, equivalent to 4.90% of Al Arabia's share …

Companies Investments

12 August 2024 02:39 PM MBC Group records nearly fivefold surge in H1-24 net profit; Shahid revenues exceed 40% increase

Riyadh Mubasher: MBC Group witnessed a 360% jump in net income to SAR 237.80 million during the first half (H1) of 2024 compared with SAR 51.70 million in H1-23. Meanwhile, the earnings per share (EPS) hit SAR 0.64 as of 30 June 2024, according to …

Financial Results

26 May 2024 11:38 AM MBC Group’s subsidiary seals deal for 90-episode series

Riyadh – Mubasher: MBC FZ-LLC, a fully-owned subsidiary of MBC Group, has signed a production contract with MedYapim Middle East Audiovisual Media Production Company, a related party, for the production of a television series. Signed on 23 May …

Companies Investments

16 May 2024 09:44 AM MBC Group sees 36% higher revenues in Q1-24; profits exceed SAR 121m

Riyadh – Mubasher: MBC Group registered SAR 121.28 million in net profit during the first quarter (Q1) of 2024, according to the financial results. The group’s total revenues climbed by 36% to SAR 1.23 billion ($330 million) in Q1-24 from SAR 909 …

Financial Results

27 March 2024 11:23 AM MBC Group logs 45% YoY higher net income in 2023

Riyadh – Mubasher: MBC Group posted a 44.80% year-on-year (YoY) surge in group net income to SAR 69 million in 2023 from SAR 48 million. The group total revenue grew 6.20% YoY to SAR 3.70 billion last year from SAR 3.48 billion, according to a …

Financial Results