Archive · 11 Aug 2025
MBC Group's H1 Profits Surge to $89.3M, Revenue Hits $800M
MBC Group, a media company, made a lot more money in the first half of the year!
They earned $800 million in revenue and had a profit of $89.3 million.
This is because their TV channels, streaming service (Shahid), and other businesses are doing well.
They have shows like Omni and Aser that are popular.
Even though they did great overall, the profits went down a bit in the second quarter.
This is because the special time of Ramadan fell during that quarter.
The company plans to keep making great content and growing.
MBC Group's H1 revenue reached $800 million, a 37.8% increase year-over-year.
Net profit for H1 increased by 41.1% to $89.3 million.
Q2 revenue saw a modest 2.5% rise, but net profit declined by 38.3%.
Shahid's revenue grew by 25% in H1, with SVOD revenue nearly matching this growth.
MBC Group attributes its success to a diversified business model and content strategy.
- Who
- MBC Group, a media company, and its CEO Mike Sneesby.
- What
- MBC Group reported increased revenue and profit for the first half of the year.
- When
- The report covers the first six months ending June 30.
- Where
- MBC Group, based in Saudi Arabia, operates across the Middle East.
- Why
- The company's success is attributed to its business model, diversified footprint, and content strategy.
- H1 Revenue
- $800M
- H1 Net Profit
- $89.3M
- Year-over-year Revenue Growth
- 37.8%
- Year-over-year Net Profit Growth
- 41.1%
- Shahid H1 Revenue Growth
- 25%