PHOTO
Riyadh – Mubasher: Kingdom Holding Company achieved a net profit after Zakat and tax worth SAR 91.06 million during the first quarter (Q1) of 2021, against a net loss of SAR 50.11 million in the same period a year ago.
Earnings per share stood at SAR 0.02 in Q1-21, versus a loss per share of SAR 0.01 in Q1-20, according to the initial financial results.
Revenues shrank by 56% to SAR 174.88 million during the January-March 2021 period, from SAR 397.92 million in Q1-20.
On a quarterly basis, the net profit in Q1-21 was against a net loss of SAR 97.2 million in Q4-20.
The revenues in the first three months of 2021 were higher by almost 50% compared to SAR 116.68 million in Q4-20.
Source: Mubasher
All Rights Reserved - Mubasher Info © 2005 - 2021 Provided by SyndiGate Media Inc. (Syndigate.info).
Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.
