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FINANCIAL NEWS
Saudi Kingdom Holding profit up 14.8 percent
21 Apr 2014
(MENAFN) Saudi-based Kingdom Holding announced a net profit increase of 14.8 percent in the January-March period of this year, Arabian Business reported.
The firm said that its net earnings in the period hit USD33.8 million, increasing from USD29.3 million in the year-ago period.
The investment company said that the increase in net profit was due to an “”increase in gain on investments despite the decrease in dividends income and increase in loss from associate and finance charges.”
Kingdom Holding has minority stakes in some of the world’s top companies, including Rupert Murdoch’s News Corp and Twitter.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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