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Kingdom Holding profit falls as dividend income halves

By CityCalc Newsroom · Fri Apr 24 2026 · Source: AGBI

Earnings of Saudi Arabia’s Kingdom Holding Company (KHC), majority owned by Prince Alwaleed bin Talal, fell sharply in the first quarter of 2026 following a drop in dividend income and higher operating costs of assets, particularly hotels. Net profit dropped 38 percent to SAR269…

Earnings of Saudi Arabia’s Kingdom Holding Company (KHC), majority owned by Prince Alwaleed bin Talal, fell sharply in the first quarter of 2026 following a drop in dividend income and higher operating costs of assets, particularly hotels. Net profit dropped 38 percent to SAR269…

Curated by CityCalc from AGBI. Read the full article at the source.

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