Gas Arabian Services Co. Announces Its Interim Financial Results For The Period Ending On 2026-09-30 ( Nine Months )

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	399,649,883	389,015,004	2.733	364,428,216	9.664
Gross Profit (Loss)	63,420,578	56,174,956	12.898	66,660,323	-4.86
Operational Profit (Loss)	40,553,268	39,098,469	3.72	44,518,470	-8.906
Net Profit (Loss) Attributable to Shareholders of the Issuer	40,015,985	38,149,234	4.893	42,762,750	-6.423
Total Comprehensive Income Attributable to Shareholders of the Issuer	40,015,985	38,149,234	4.893	42,762,750	-6.423
All figures are in (Actual) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Sales/Revenue	1,125,478,312	1,030,521,307	9.214
Gross Profit (Loss)	195,488,413	173,854,657	12.443
Operational Profit (Loss)	121,668,194	110,042,810	10.564
Net Profit (Loss) Attributable to Shareholders of the Issuer	120,938,535	108,282,321	11.688
Total Comprehensive Income Attributable to Shareholders of the Issuer	120,938,535	108,282,321	11.688
Total Shareholders Equity (after Deducting Minority Equity)	521,639,812	444,984,743	17.226
Profit (Loss) per Share	0.767	0.687
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	-	-
Accumulated Losses	-	-
All figures are in (Actual) Saudi Arabia, Riyals

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 2.7% growth in total revenue i.e. rising from SAR 389 million in Q3 2025 to SAR 399.6 million in Q3 2026.

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 increase in net profit from SAR 38.1 million in Q3 2025 to SAR 40 million in Q3 2026 is mainly 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 9.6% growth in total revenue i.e. rising from SAR 364.4 million in Q2 2026 to SAR 399.6 million in Q3 2026.

This growth was driven majorly by improved performance across technical service and manufacturing segments.

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 decline by 6.4% i.e. from SAR 42.8 million in Q2 2026 to SAR 40 million in Q3 2026 due to increase in cost of revenue and a lower share of profit from joint ventures.

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 9.2% growth in total revenue i.e. rising from SAR 1,030.5 million in first nine months of 2025 to SAR 1,125.5 million in first nine months of 2026.

This growth was driven by improved performance across technical service and manufacturing segments compared to the same period last year.

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 108.3 million in first nine months of 2025 to SAR 120.9 million in first nine months of 2026 is mainly due to growth in revenue.

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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