Kingdom Holding second quarter net profit up 1.3% | GulfNews.com

Kingdom Holding second quarter net profit up 1.3% | GulfNews.com:

"Kingdom Holding Co. , an investment company owned by Saudi billionaire Prince Al Waleed Bin Talal, said second-quarter net profit rose 1.3 per cent year-on-year on higher dividend income and income from associates.
The publicly listed Kingdom made 181.2 million Saudi riyals ($48.3 million) during the quarter, up from 178.9 million riyals the same period last year, according to figures posted on the Saudi bourse website.
Kingdom said the slight increase was a result of better dividend income and income from associates, and came despite higher expenses and taxes.
Kingdom has a wide range of investments that include stakes in Twitter and in US financial services giant Citigroup, according to its website."

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