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KHC's net income up 5.7%
The Saudi Gazette Published in The Saudi Gazette on 22 - 01 - 2012


Kingdom Holding Company (KHC) posted a net increase of 5.7 percent in its income totaled at SR 639.6 million, over the last year as it announced its financial results for the fourth quarter and the year that ended on Dec. 31, here Saturday. Prince Alwaleed Bin Talal chairman KHC said the company continues to improve its results from its hotel management companies, owned hotels and other associate companies. “KHC commences 2012 with strength and continues on its strategic investment path,” he said. “KHC will pas cash dividends to its shareholders on quaterly basis beginning April 2011.” He said the real estate projects in Jeddah and Riyadh are being pursued vigorously.

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