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Kingdom Holding Co. announces its Interim Financial results for the Period Ending on 2024-03-31 ( Three Months )

KINGDOM 4280 0.14% 7.10 0.01
Element List Current Quarter Similar quarter for previous year %Change Previous Quarter % Change
Sales/Revenue 564,398 672,129 -16.028 729,360 -22.617
Gross Profit (Loss) 315,781 427,741 -26.174 279,221 13.093
Operational Profit (Loss) 539,019 520,690 3.52 526,293 2.418
Net profit (Loss) 196,194 171,070 14.686 157,071 24.907
Total Comprehensive Income 1,897,004 1,553,972 22.074 4,228,396 -55.136
All figures are in (Thousands) Saudi Arabia, Riyals


Element List Current Period Similar period for previous year %Change
Total Share Holders Equity (After Deducting the Minority Equity) 37,068,546 32,280,711 14.831
Profit (Loss) per Share 0.05 0.05
All figures are in (Thousands) Saudi Arabia, Riyals


Element List Percentage of the capital (%) Amount
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value - -
All figures are in (Thousands) Saudi Arabia, Riyals


Element List Explanation
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is The reason of the decrease in revenue during the current quarter compared to the same quarter of the last year is due to decrease in dividend income and decrease in hotels and other operating revenues.
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is The reason of the increase in the net profit during the current quarter compared to the same quarter of the last year is due to increase in gain in sale of investment property, increase in share of results from equity-accounted investees, decrease in financial charges, increase in finance income and decrease in withholding and income tax. Despite of decrease in dividend income, increase in other loss, increase in Zakat, increase in general, administrative and marketing expenses, increase in hotels and other operating costs and decrease in hotels and other operating revenues.
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is The reason of the decrease in revenue during the current quarter compared to the previous quarter is due to decrease in gain on Investment at FVTPL and decrease in hotels and other operating revenues. Despite of increase in dividend income.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is The reason of the increase in the net profit during the current quarter compared to the previous quarter is due to decrease in hotels and other operating costs, increase in gain in sale of investment property, decrease in financial charges, decrease in general, administrative, and marketing expenses, increase in share of results from equity-accounted investees, increase in dividend income and increase in finance income. Despite of increase in other loss, decrease in gain on investment at FVTPL, decrease in hotels and other operating revenues, increase in Zakat, decrease in reversal / impairment of financial assets and increase in withholding and income tax.
Statement of the type of external auditor's report Unmodified conclusion
Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion) N/A
Reclassification of Comparison Items N/A
Additional Information N/A

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