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National Gas and Industrialization Co. announces its Interim Financial results for the Period Ending on 2025-09-30 ( Nine Months )

GASCO 2080 18.59% 92.50 14.50
Element List Current Quarter Similar quarter for previous year %Change Previous Quarter % Change
Sales/Revenue 795.4 721 10.319 740.1 7.471
Gross Profit (Loss) 96 87.4 9.839 104.4 -8.045
Operational Profit (Loss) 48 30.5 57.377 38.8 23.711
Net profit (Loss) 69.7 52.1 33.781 53.9 29.313
Total Comprehensive Income 98.2 4.1 2,295.121 71.4 37.535
All figures are in (Millions) Saudi Arabia, Riyals


Element List Current Period Similar period for previous year %Change
Sales/Revenue 2,373.1 2,070.8 14.598
Gross Profit (Loss) 315.7 246.5 28.073
Operational Profit (Loss) 141.5 114.1 24.014
Net profit (Loss) 185.6 188.7 -1.642
Total Comprehensive Income 206.4 187.4 10.138
Total Shareholders Equity (after Deducting Minority Equity) 2,026.4 1,950.6 3.885
Profit (Loss) per Share 2.47 2.52
All figures are in (Millions) Saudi Arabia, Riyals


Element List Amount Percentage of the capital (%)
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value - -
Accumulated Losses - -
All figures are in (Millions) Saudi Arabia, Riyals


Element List Explanation
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is The increase in revenues by SR 74.4 million is mainly due to the following:

- Increase in gas sales by SR 85 million due to the increase in gas prices and quantity.

- Increase in sales of empty cylinders by SR 2.4 million.

Despite the:

- Decrease in revenues from commercial projects by SR 12 million.

- Decrease in revenues from other .services by SR 1 million

The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is The increase in net profit by SR 17.5 million is mainly due to the following:

- Increase in gross profit by SR 8.5 million .

- Decrease in operating expenses by SR 9 million.

- Increase in other income by SR 2 million.

- Decrease in finance costs by SR 0.8 million

Despite the:

-Decrease in investment and finance income by SR 2.1 million.

-Decrease in share of results of associates by SR 0.7 million.

The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is The increase in revenues by SR 55.3 million is mainly due to the following:

- Increase in gas sales by SR 48 million .

- Increase in sales of empty cylinders by SR 19 million.

- Increase in revenues from other services by SR 10.3 million.

Despite the:

- Decrease in revenues from commercial projects by SR 22 million.

The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is The increase in net profit by SR 15.8 million is mainly due to the following:

- Decrease in operating expenses by SR 17.6 million.

- Increase in investment and finance income by SR 11.2 million.

- Decrease in finance costs by SR 0.6 million.

- Increase in net other income by SR 0.6 million.

Despite the:

- Increase in zakat provision by SR 4.8 million.

- Decrease in gross profit by SR 8.4 million.

- Decrease in share of results of associates by SR 1 million.

The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is The increase in revenues by SR 302.3 million is mainly due to the following:

- Increase in gas sales by SR 312.3 million due to the increase in gas prices and volume.

- Increase in sales of empty cylinders by SR 11 million.

- Increase in revenues from other services by SR 5 million.

Despite the:

- Decrease in revenues from commercial projects by SR 26 million.

The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is The decrease in net profit by SR 3.1 million is mainly due to the following:

- Increase in zakat provision by SR 5.2 million.

- Increase in operating expenses by SR 23.8 million.

- Decrease in investment and finance income by SR 20.8 million.

- Decrease in other income by SR 7.7 million.

- Increase in finance costs by SR 0.6 million.

Despite the:

- Increase in share of results of associates by SR 3.8 million.

- Increase in gross profit by SR 51.2 million .

Statement of the type of external auditor's report Unmodified conclusion
Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion) None
Reclassification of Comparison Items None
Additional Information -

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