| 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 | Attached Documents |
