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Kingdom Holding’s 2017 First Quarter Net Profit Increases 13% KHC’s CEO: “This Is A Product of Our Institutionalized Performance”

May 7, 2017

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, 2017. The Company announced net profit of SAR 129 million with an increase of 13% compared to the same period of the last year.

 

Eng. Talal Almaiman, KHC’s CEO commented: “This announcement is a product of our institutionalized performance. Despite the global economic climate. Q1 results is expected to reflect positively on the rest of the year 2017”

 

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.