PHOTO
A Saudi trader observes the stock market on monitors at Falcom stock exchange agency in Riyadh, Saudi Arabia February 7, 2018. Reuters, Faisal Al Nasser
Riyadh – Kingdom Holding Company witnessed an annual leap of 119.99% in net profit to SAR 431.61 million during the first quarter (Q1) of 2025, compared to SAR 196.19 million.
The revenues surged by 31.38% year-on-year (YoY) to SAR 741.50 million in Q1-25 from SAR 564.39 million, according to the financial results.
Earnings per share (EPS) climbed to SAR 0.12 as of 31 March 2025 from SAR 0.05 a year earlier.
Quarterly, the Q1-25 net profits hiked by 520.88% from SAR 69.51 million in Q4-24, while the revenues jumped by 30.85% from SAR 566.65 million.
As of 31 December 2024, Kingdom Holding posted 22.08% YoY higher net profits at SAR 1.23 billion, compared to SAR 1.01 billion.
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