“MBC” profits increased by 1771% on an annual basis, to 12.7 million riyals in the third quarter on an annual basis, with revenues rising 16.6% to 757 million riyals, supported by an increase in revenues from broadcasting and technical services, in addition to an increase in Shahid platform revenues.
On a quarterly basis, profits declined by about 89%, after the decrease in advertising revenues compared to the second quarter of 2024, which included part of the month of Ramadan.
