National Gas And Industrialization Company Holding Announces Its Interim Financial Results For The Period Ended On 2026-09-30 ( Nine Months )
| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 1,276.9 | 795.4 | 60.535 | 884.9 | 44.298 |
| Gross Profit (Loss) | 170.5 | 96 | 77.604 | 123.1 | 38.505 |
| Operational Profit (Loss) | 89.9 | 48 | 87.291 | 53.6 | 67.723 |
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 102.8 | 69.7 | 47.489 | 59.2 | 73.648 |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | -39.5 | 98.2 | - | 55.8 | - |
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Sales/Revenue | 3,124.2 | 2,373.1 | 31.65 |
| Gross Profit (Loss) | 431.1 | 315.7 | 36.553 |
| Operational Profit (Loss) | 213.9 | 141.5 | 51.166 |
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 244.2 | 185.6 | 31.573 |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 256.7 | 206.4 | 24.37 |
| Total Shareholders Equity (after Deducting Minority Equity) | 2,112.5 | 2,026.4 | 4.248 |
| Profit (Loss) per Share | 3.26 | 2.47 | |
| 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 | - | - | |
| All figures are in (Millions) 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 increase in revenues by SR 481.5 million is mainly due to the following:
- Increase in gas sales by SR 430 million due to the increase in gas prices and volume.
-Increase in transportation services revenues by SR 47 million.
- Increase in revenues from commercial projects by SR 3 million.
- Increase in revenues from scrap sales by SR 2 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 33.1 million is mainly due to the following:
- Increase in gross profit by SR 74.5 million as a result of increase in revenues.
-Increase in share of results of associates by SR 3.2 million.
Despite the:
- Increase in operating expenses by SR 32.7 million.
- Decrease in investment and finance income by SR 7.4 million.
- Increase in finance costs by SR 2.3 million.
- Decrease in other income by SR 0.5 million.
- Increase in zakat by SR 0.3 million.
- Increase in profit attributable to non-controlling interests of SAR 1.4 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 392.0 million is mainly due to the following:
- Increase in gas sales by SR 361 million.
- Increase in sales of empty cylinders and accessories by SR 19 million.
- Increase in revenues from scrap sales by SR 3 million.
-Increase in transportation services and project revenues by SR 9 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 43.6 million is mainly due to the following:
- Increase in gross profit by SR 47.4 million as a result of increase in revenues.
- Increase in investment and finance income by SR 8.9 million.
-Decrease in zakat expense by SR 2 million.
Despite the:
- Increase in operating expenses by SR 11.1 million.
-Increase in finance costs by SR 2.3 million.
- Decrease in share of results of associates by SR 0.6 million.
- Decrease in other income by SR 0.2 million.
- Increase in profit attributable to non-controlling interests of SAR 0.5 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 751.1 million is mainly due to the following:
- Increase in gas sales by SR 657 million due to the increase in gas prices and volume.
- Increase in sales of empty cylinders and accessories by SR 4 million.
- Increase in revenues from commercial projects by SR 37 million.
-Increase in transportation and maintenance services revenues by SR 55 million.
Despite the:
- Decrease in scrap sales by SR 2 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 increase in net profit by SR 58.6 million is mainly due to the following:
- Increase in gross profit by SR 115.4 million as a result of increase in revenues.
-Increase in share of results of associates by SR 7.2 million.
-Increase in other income by SR 1.3 million.
Despite the:
-Increase in operating expenses by SR 43.1 million.
-Decrease in investment and finance income by SR 14.3 million.
- Increase in zakat expense by SR 5.1 million.
-Increase in finance costs by SR 0.5 million.
- Increase in profit attributable to non-controlling interests of SAR 2.3 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: None