Kingdom Holding Reports 128.9% Increase in Net Profits

According to Kingdom Holding Company report, a 128.9% rise in net profits for the third quarter of 2025, amounting to approximately 794.51 million SAR, up from a net profit of 347.06 million SAR in the same period of 2024.

Compared to the second quarter of the same year, profits increased by 96.13%, which were around 405.1 million SAR at that time. This growth is attributed to the reversal of declines in the value of the company's investments, reduced financial expenses, and increased share of profits from investee companies. Despite a decrease in dividend income and rising expenses, the company recorded good revenues from hotels and other operations.

Reasons for Profit Increase

A source on the Tadawul platform indicated that the rise in net profit during the current quarter compared to the same quarter last year was due to the reversal of declines in the value of an equity-method investee, a decrease in financial expenses, an increase in share of results from equity-method investees, higher hotel revenues, operational income, and a reduction in hotel costs and other operational expenses. There was also a decrease in withholding tax and income tax expenses, along with an increase in other gains, net. Despite the drop in dividend income, there were increases in general, administrative, and marketing expenses, as well as zakat expenses.