About this document
Kingdom Financial Holdings 2009 Review by Kristi Duran is a document available to read on EtoBox.
- Kingdom Financial Holdings Limited reported an operating loss of $1.1 million for 2009, driven by costs associated with staff rationalization, but excluding those costs would have realized a profit of $1.4 million. - Total assets grew to $106 million from $77 million at mid-year, though liquidity remained constrained. - While the economy showed signs of recovery in 2009, challenges around liquidity, capacity utilization, infrastructure issues, and political uncertainty could hamper further growth in 2
- Author
- Kristi Duran
- Language
- EN