Kingdom Holding Company reported earnings results for the first quarter ended March 31, 2018. For the period, the company posted net profit of SAR 143.04 million or SAR 0.04 per share against SAR 129.08 million or SAR 0.03 per share a year ago. The increase in net profit due to increase in hotels and other operating revenues also increase in share of results from equity-accounted investees in addition to decrease on financial charges and general, administrative and marketing expenses despite of decrease on income from and gain on investments and increase in hotels and other operating costs. Operational profit was SAR 271.81 million against SAR 257.92 million a year ago. The total revenue for the current period is amounting to SAR 513 million compare to SAR 662 million for the same period last year represent a decrease of 22.5%.