”Kingdom Holding” profits for the first quarter are more than 100 million riyals

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Riyadh-Amlak
Kingdom Holding Company, whose Board of Directors is chaired by HRH Prince Alwaleed bin Talal bin Abdulaziz Al Saud, revealed its financial results for the first quarter of the current year ending March 31, 2013, where the company achieved net income of 110.1 million riyals, representing an increase of more than 9.2% compared to the same quarter last year. Prince Alwaleed commented: «Our positive results reflect the company's successful strategy.»
The company's investment portfolio is primarily focused on key economic sectors with intrinsic growth and real value, namely: «Hotels and hotel management companies, banking and financial services, real estate, technology and media, industrial, aviation and agricultural sectors.»