Kingdom Holding Co. — Earnings Release 2018

Mar 28, 2019

Kingdom Holding Co. announces its Annual financial results for the period ending on 2018-12-31

4280 · 28/03/2019 15:37:23 · Announcement #54049 · View on Saudi Exchange

Kingdom Holding Co. announces its Annual financial results for the period ending on 2018-12-31

Element List	Current Year	Previous Year	%Change
Sales/Revenue	2,578,138	2,355,977	9.429
Total Profit (Loss)	1,235,808	1,073,741	15.093
Profit (Loss) Operational	1,561,190	1,464,256	6.62
Net Profit (Loss) after Zakat and Tax	681,633	663,569	2.722
Total Comprehensive Income	-2,916,515	3,945,653	-
Total Share Holders Equity (after deducting minority equity)	27,950,409	31,522,865	-11.332
Profit (Loss) per Share	0.19	0.18
All figures are in (Thousands) Saudi Arabia, Riyals

Element List	Explanation
Reason for increase (decrease) in net profit for current year compared to last year	The increase in net income is due to increase in share of results from equity-accounted investees, hotel and other operating revenues and dividends income and decrease in general and administrative and marketing expenses despite of increase in hotel and other operating costs and finance charges and decrease in other gains, and income from /gain on investments
Type of the external auditor's opinion	Unmodified opinion

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