Net Profit (Loss) Attributable to Shareholders of the Issuer
382,527
399,962
-4.36
Total Comprehensive Income Attributable to Shareholders of the Issuer
377,506
393,467
-4.06
Total Shareholders Equity (after Deducting Minority Equity)
4,550,205
4,172,699
9.05
Profit (Loss) per Share
1.15
1.2
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 year compared to the last year
The increase in revenues for the current year compared to last year by SR 1,195 million, is mainly attributed to BOCA segment revenues growth by SR 407 million supported by the increase in broadcasting and technical services revenues, and MBC SHAHID segment revenues growth by SR 305 million driven by the increase in subscription and advertising revenue growth, and M&E segment revenue growth by SR 483 million, attributable to the continued delivery of major media initiatives.
The reason of the increase (decrease) in the net profit during the current year compared to the last year is
The increase in net profit during the current year compared to last year by SR 11 million, is attributed to the increase of revenues and profitability in MBC SHAHID and M&E segments, offset by a decrease in BOCA segment profitability impacted by higher direct costs.
Statement of the type of external auditor's report
Unmodified opinion
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 year's financial statements to conform to the current year's presentation. These reclassifications had no effect on previously reported consolidated total comprehensive income, consolidated statement of changes in equity and consolidated statement of financial position.
Additional Information
For more information, please refer to the investor relations Earnings Release attached to the announcement.
Attached Documents
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.