Kingdom Holding Company (KHC), Chaired by HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, announced the Company’s financial results for the first quarter ended March 31st, 2016. The Company announced net profit of 103.9 million.
KHC’s AGM had approved the distribution of quarterly cash dividends for a total of SAR 163.9 million totaling to SAR 655.9 million for the year.
Founded in 1980, KHC is a publicly traded company which was listed on Tadawul (the Saudi Stock Exchange) in 2007. KHC is one of the world’s most successful and diversified business organizations, highly respected in the field of investments and recognized as an elite player regionally and internationally.