4146 · 05/11/2025 08:37:57 · Announcement #91266 · View on Saudi Exchange

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

Element ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% Change
Sales/Revenue 389,015,004287,720,01335.206319,787,90021.647
Gross Profit (Loss) 56,174,95650,892,99310.37862,288,742-9.815
Operational Profit (Loss) 39,098,46934,686,48912.71939,304,510-0.524
Net profit (Loss) 38,149,23435,322,3098.00338,822,797-1.734
Total Comprehensive Income 38,149,23435,322,3098.00338,822,797-1.734
All figures are in (Actual) Saudi Arabia, Riyals
Element ListCurrent PeriodSimilar period for previous year%Change
Sales/Revenue 1,030,521,307769,260,69033.962
Gross Profit (Loss) 173,854,657126,837,79537.068
Operational Profit (Loss) 110,042,81081,624,81534.815
Net profit (Loss) 108,282,32180,986,02833.704
Total Comprehensive Income 108,282,32180,986,02833.704
Total Shareholders Equity (after Deducting Minority Equity) 444,984,743370,706,42020.036
Profit (Loss) per Share 0.68710.5139
All figures are in (Actual) Saudi Arabia, Riyals
Element ListAmountPercentage of the capital (%)
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value --
All figures are in (Actual) Saudi Arabia, Riyals
Element ListExplanation
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 conclusionComment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion) NoneReclassification of Comparison Items Certain comparative figures have been reclassified in order to conform with the presentation for the current period.Additional Information -Attached Documents  

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