(MENAFN) Saudi Kingdom Holding Company recorded a net profit of USD37.2 million in the first quarter of the year, marking 10.3 percent increase over the USD33.6 million logged a year ago, Arabian Business reported.
The company, which consists of a select team of experienced investment specialists directed by prince Alwaleed bin Talal, attributed its decent results to higher income from dividends and associates.
KHC describes itself as a diversified investment company, whose main interests are banking, financial services, real estate, hotels, media, entertainment, and Internet technology.
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