Kingdom Holding Co. (KHC) reported a net profit of SAR 2.14 billion for 2025, an increase of 73.3% from SAR 1.23 billion in 2024.
| Item | 2024 | 2025 | Change |
|---|---|---|---|
| Revenues | 1,604.44 | 1,678.00 | 4.6 % |
| Gross Income | 549.11 | 645.00 | 17.5 % |
| Operating Income | 50.34 | 132.00 | 162.2 % |
| Net Income | 1,236.97 | 2,143.29 | 73.3 % |
| Average Shares | 3,705.88 | 3,705.88 | - |
| Earnings Per Share before unusual items (Riyals) | 0.25 | 0.37 | 51.3 % |
| EPS (Riyal) | 0.33 | 0.58 | 73.3 % |
Revenues rose during the year, supported by increased dividend income, growth in hotel and other operating revenues, and higher gains from investments at fair value through profit or loss.
KHC noted higher gains from the sale of an equity-accounted investee, along with a rise in reversals of impairment on investments in equity-accounted companies, in addition to lower finance costs.
Improved hotel and other operating revenues, coupled with a decline in Zakat, withholding tax, and income tax expenses, also supported profitability.
The profit growth came despite a decline in the share of results from equity-accounted investees and lower gains from the sale of investment properties.
Performance was also affected by lower financing income, alongside higher hotel and other operating costs.
Moreover, general, administrative, and marketing expenses increased, while other net gains declined and impairment losses on financial assets rose.
| Item | Q4 2024 | Q4 2025 | Change |
|---|---|---|---|
| Revenues | 447.58 | 507.00 | 13.3 % |
| Gross Income | 159.75 | 246.00 | 54.0 % |
| Operating Income | 28.87 | 111.00 | 284.5 % |
| Net Income | 69.52 | 512.07 | 636.6 % |
| Average Shares | 3,705.88 | 3,705.88 | - |
| Earnings Per Share before unusual items (Riyal) | 0.02 | 0.14 | 636.6 % |
| EPS (Riyal) | 0.02 | 0.14 | 636.6 % |
| Item | Q3 2025 | Q4 2025 | Change |
|---|---|---|---|
| Revenues | 420.09 | 507.00 | 20.7 % |
| Gross Income | 161.94 | 246.00 | 51.9 % |
| Operating Income | 35.27 | 111.00 | 214.7 % |
| Net Income | 794.51 | 512.07 | (35.5 %) |
| Average Shares | 3,705.88 | 3,705.88 | - |
| Earnings Per Share before unusual items (Riyal) | 0.08 | 0.14 | 73.9 % |
| EPS (Riyal) | 0.21 | 0.14 | (35.5 %) |
Q4 2024 net profit surged 636% year-on-year (YoY) to SAR 512.1 million, from SAR 69.52 million.
On a quarterly basis, net earnings dropped 35.5% from SAR 794.51 million in Q3 2025.
Total shareholders’ equity, excluding minority interest, stood at SAR 58.4 billion by Dec. 31, 2025, compared to SAR 38.9 billion a year earlier.
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