KHC H1 net income climbs 16.8%

July 23, 2014 6:34 am

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.