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Eight Company suffered a huge loss and shifted from profitability to loss!!
Net income for 2024: 898 thousand riyals
Net loss for 2025: 215 million riyals!!
Reasons for the loss?
Increase in administrative and marketing expenses related to the transfer and broadcast project of the King’s Cup, Roshen League, Super Cup, and First Division League.
Source: Financial statements of Alabha Research and Media Company, which owns 51% of Eight.
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