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KHC H1 net income climbs 16.8%

: Wednesday, July 23 - 2014 @ 06:34

Kingdom Holding Co (KHC), chaired by Prince Alwaleed, has posted a 16.8% jump in its net income for the quarter ended June 30, 2014, to SR211.7m, compared with SR181.2m for the same quarter a year ago, Arab News has reported. This is also a 67.5% surge compared with the net income of SR126.4m in the previous quarter. Gross operating profit for the quarter grew 26.2% to SR420.3m, compared with SR332.9m, KHC said.

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Wednesday, July 23- 2014 @ 6:34 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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