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Islamic Finance Briefing - Categorized | Finance, Performance more

KHC Q1 net income jumps 50pct

Posted on 21 April 2010

From Tradearabia.com: Kingdom Holding Company (KHC), the investment firm of Saudi Prince Alwaleed bin Talal bin Abdulaziz Alsaud, said its net income for the first quarter rose to SR75.2 million, up 50 per cent when compared to the same period last year.
Announcing the financial results for the quarter ended March 31, KHC said the shareholders’ equity too rose significantly in the light of global economic recovery and the favourable operating results…………………………………….Full Article: Source

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