Below are the financial statements of MBC Group, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of SAR | 2024 | 2023 |
|---|---|---|
| Revenue from contracts with customers | 3,536.94a | 1,342.57a |
| Other operating revenues | 659.43a | 369.49a |
| Direct costs | -2,992.2a | -1,239.06a |
| Gross profit | 1,204.18a | 473a |
| General and administrative expenses | -1,086.95a | -557.02a |
| Operating profit (loss) | 117.22a | -84.02a |
| Other income | 88.38a | 71.51a |
| Realized gain on sale of investment in an associate | 170.67a | 0a |
| Share of results of associates and joint ventures | 12.56a | 28.9a |
| Unrealised loss on investment in financial asset at fair value through profit or loss (FVTPL) | -3.3a | -0.88a |
| (Loss) / gain on derivative financial instruments | -5.85a | 2.96a |
| Finance income / (costs) - net | 56.28a | -3.1a |
| Profit before tax | 435.97a | 15.37a |
| Income tax and zakat (expense) / income | -9.84a | -2.19a |
| Profit for the year | 426.13a | 17.56a |
| Attributable to | — | — |
| Equity holders of the parent | 399.96a | 19.02a |
| Non-controlling interests | 26.17a | -1.47a |
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