IssuerAnnouncementDetailsV2Portlet
Actions
Natural Gas Distribution Co. announces its Annual Financial results for the period ending on 2023-12-31
9516
NGDC
-0.65
%
1445/09/18 28/03/2024 16:30:02
| Element List | Current Year | Previous Year | %Change | ||
|---|---|---|---|---|---|
| Sales/Revenue | 92,485 | 91,005 | 1.63 | ||
| Gross Profit (Loss) | 8,775 | 7,967 | 10.14 | ||
| Operational Profit (Loss) | 4,240 | 3,777 | 12.26 | ||
| Net profit (Loss) | 3,766 | 3,291 | 14.43 | ||
| Total Comprehensive Income | 3,614 | 3,297 | 9.61 | ||
| Total Share Holders Equity (After Deducting the Minority Equity) | 58,097 | 56,984 | 1.95 | ||
| Profit (Loss) per Share | 0.75 | 0.66 | |||
| All figures are in (Thousands) 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 (Thousands) Saudi Arabia, Riyals | |||
| Element List | Explanation |
|---|---|
| The reason of the increase (decrease) in the sales/ revenues during the current year compared to the last year | The increase in revenues is due to the activation of the contract to operate and maintain the gas network in King Abdullah Economic City, as well as supplying internal gas networks to some new customers. |
| The reason of the increase (decrease) in the net profit during the current year compared to the last year is | The increase in net profit during this year is due to the activation of the contract to operate and maintain the gas network in King Abdullah Economic City, in addition to the increase in returns from Islamic deposits. |
| Statement of the type of external auditor's report | Unmodified opinion |
| 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) | The financial statements of the Natural Gas Distribution Company “Saudi Joint Stock Company” for the period ending on December 31, 2022 AD were audited by another auditor who expressed an unmodified opinion on those statements on Ramadan 14, 1444 AH (April 5, 2023 AD). |
| Reclassification of Comparison Items | During the period, the company reclassified some balances, which management considers a more accurate presentation and reflects the relevant nature. The reclassification of these balances does not have any impact on the net income or retained earnings that were previously reported. |
| Additional Information | - |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
Share
Company Performance
NGDC
Add To Watchlist
In your Watchlist
Add To Watchlist
Key Parameters
Last Price 45.7
Net Change -0.3 (-0.65%)
Value Traded (Sar) 26,185.05
Volume Traded 605
LoginPortletPopupv2
Actions
AddtoWatchlistv2
Actions