2025-11-05
Gas Arabian Services Co. announces its Interim Financial results for the Period Ending on 2025-09-30 ( Nine Months )
Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
Sales/Revenue | 389,015,004 | 287,720,013 | 35.206 | 319,787,900 | 21.647 |
Gross Profit (Loss) | 56,174,956 | 50,892,993 | 10.378 | 62,288,742 | -9.815 |
Operational Profit (Loss) | 39,098,469 | 34,686,489 | 12.719 | 39,304,510 | -0.524 |
Net profit (Loss) | 38,149,234 | 35,322,309 | 8.003 | 38,822,797 | -1.734 |
Total Comprehensive Income | 38,149,234 | 35,322,309 | 8.003 | 38,822,797 | -1.734 |
All figures are in (Actual) Saudi Arabia, Riyals | |||||
Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
Sales/Revenue | 1,030,521,307 | 769,260,690 | 33.962 |
Gross Profit (Loss) | 173,854,657 | 126,837,795 | 37.068 |
Operational Profit (Loss) | 110,042,810 | 81,624,815 | 34.815 |
Net profit (Loss) | 108,282,321 | 80,986,028 | 33.704 |
Total Comprehensive Income | 108,282,321 | 80,986,028 | 33.704 |
Total Shareholders Equity (after Deducting Minority Equity) | 444,984,743 | 370,706,420 | 20.036 |
Profit (Loss) per Share | 0.6871 | 0.5139 | |
All figures are in (Actual) Saudi Arabia, Riyals | |||
Element List | Amount | Percentage of the capital (%) | |
|---|---|---|---|
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value | - | - | |
All figures are in (Actual) 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 company has achieved 35.2% growth in total revenue i.e. rising from SAR 287.7 million in third quarter 2024 to SAR 389 million in third quarter 2025. This growth were driven by successful execution of orders. |
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 main reasons for the increase in net profit from SAR 35.3 million in third quarter 2024 to SAR 38.1 million in third quarter 2025 is due to growth in revenue. |
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | The company has achieved 21.6% growth in total revenue i.e. rising from SAR 319.7 million in second quarter 2025 to SAR 389 million in third quarter 2025. This growth were driven by successful execution of orders. |
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | The company net profit has nominal decline by 1.7% i.e. from SAR 38.8 million in second quarter 2025 to SAR 38.1 million in third quarter 2025 due to nominal increase in cost of revenue in third quarter 2025. |
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 company has achieved 34% growth in total revenue i.e. rising from SAR 769.3 million in first nine months of 2024 to SAR 1030.5 million in first nine months of 2025. This growth were driven by successful execution of orders. |
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 main reasons for the increase in net profit from SAR 80.9 million in first nine months of 2024 to SAR 108.3 million in first nine months of 2025 is due to growth in revenue and followed by saving in operating expenses. |
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 | Certain comparative figures have been reclassified in order to conform with the presentation for the current period. |
Additional Information | - |
Attached Documents |
Source: Saudi Exchange