MBC Group Corrects Net Loss to SAR 64.53M in the Six Months 2026
MBC GROUP 4072.SA | 0.00 |
| Element List | Explanation |
|---|---|
| Date of Publishing the Previous Announcement Sought to be Corrected on Saudi Exchange’s Website | 2026-08-10 Corresponding to 1448-02-27 |
| Hyperlink to the Previous Announcement | Click Here |
| Incorrect statements in the previous announcement |
Net Profit (Loss) Attributable to Shareholders of the Issuer for Current Period SAR (34,017) thousand, and Similar period for previous year SAR 413,951 thousand.
Total Comprehensive Income (Loss) Attributable to Shareholders of the Issuer for Current Period SAR (33,873) thousand, and Similar period for previous year SAR 408,674 thousand. |
| Correct Statement |
Net Profit (Loss) Attributable to Shareholders of the Issuer for Current Period SAR (64,530) thousand, and Similar period for previous year SAR 382,819 thousand.
Total Comprehensive Income (Loss) Attributable to Shareholders of the Issuer for Current Period SAR (64,006) thousand, and Similar period for previous year SAR 378,144 thousand. |
| Additional Information | Net Profit (Loss) Attributable to Shareholders of the Issuer, and Total Comprehensive Income (Loss) Attributable to Shareholders of the Issuer previously reported included the Non-Controlling Interest amounts. The correction done to report amounts Attributable to Shareholders of the Issuer only. |
Other Items
MBC Group Co. issued a correction announcement on 11/08/2026 regarding its interim financial results for the six-month period ending 2026-06-30, correcting figures previously published on 2026-08-10. The correction addresses an error where the previously reported Net Profit (Loss) Attributable to Shareholders of the Issuer for the current period was stated as SAR (34,017) thousand, and has been corrected to SAR (64,530) thousand; the figure for the similar period of the previous year has been corrected from SAR 413,951 thousand to SAR 382,819 thousand. Similarly, Total Comprehensive Income (Loss) Attributable to Shareholders of the Issuer for the current period has been corrected from SAR (33,873) thousand to SAR (64,006) thousand, and the prior year comparative figure has been revised from SAR 408,674 thousand to SAR 378,144 thousand. The company explained that the previously reported figures had incorrectly included Non-Controlling Interest amounts, and the correction was made to report amounts attributable to shareholders of the issuer only.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=97502&anCat=1&cs=4072&locale=arImportant Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.