Kingdom Holding registers lower net profit in Q3, 9M-26 results

KINGDOM
4280 0.77% 11.71 0.09

Riyadh — Mubasher: Kingdom Holding Company announced a net profit of SAR 906.34 million for the first nine-month period of 2026, according to a bourse disclosure.

The net income represented a 44.44% decrease from SAR 1.63 billion in 9M-25.

Earnings per share (EPS) for the 9M-26 period fell to SAR 0.24 from SAR 0.44 in 9M-25.

During the period, Kingdom Holding completed the SAR 840,000 acquisition of a 70% stake in Al Hilal Club, which was consolidated into financial statements starting 1 September.

The company also reported that its investments at fair value (FV) through other comprehensive income reached SAR 46.10 billion, a 17% increase since the start of the year, supported by the performance of SpaceX and other international holdings.

Furthermore, total shareholders' equity stood at SAR 64.44 billion as of 30 September 2026.

For the third quarter (Q3) of 2026, Kingdom Holding’s net profit reached SAR 304.23 million, a 61.71% decline compared to SAR 794.51 million in the prior-year quarter.

The company noted that the 2025 results included a one-time SAR 500 million reversal of an impairment loss.

Revenue for the July-September 2026 quarter rose by 6.01% to SAR 850.34 million, driven by higher hotel and operating income, alongside dividend revenues.

Source: Mubasher Source: {{details.article.source}}