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مباشر
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Kingdom Q3 profit falls
Kingdom Holding Company’s net profit attributable to shareholders fell 61.7% year on year in the third quarter of 2026 to SAR 304.23 million, compared with SAR 794.51 million in the same period of 2025, and declined 8.7% from the previous quarter. The company attributed the drop mainly to the absence of a reversal of an impairment loss on an investment recorded last year, along with higher hotel costs, finance costs, taxes and operating expenses, despite revenue rising 36% to SAR 850.34 million. In the first nine months of the year, net profit fell 44.4% to SAR 906.34 million, while revenue increased 3.3% to SAR 2.06 billion.
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