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Gas Arabian Services Co. announces its Interim Financial Results for the Period Ending on 2023-06-30 ( Six Months )

9528
GAS
-3.81 %
1445/01/28     15/08/2023 08:42:27

Element ListCurrent PeriodSimilar period for previous year%Change
Sales/Revenue 351,217,125188,986,10685.84
Gross Profit (Loss) 53,828,65035,727,21850.66
Operational Profit (Loss) 35,051,55820,957,19367.25
Net Profit (Loss) after Zakat and Tax 35,480,81917,848,69198.79
Total Comprehensive Income 35,480,81917,848,69198.79
Total Share Holders Equity (after Deducting Minority Equity) 314,599,430264,414,48918.98
Profit (Loss) per Share 0.220.11
All figures are in (Actual) Saudi Arabia, Riyals
Element ListExplanation
Increase (Decrease) in Net Profit for Current Period Compared to Previous Period is Attributed to The reason for increase in net profit is mainly due to increase of total sales for the current period compared to similar period of previous year and increase in profit share from joint venture and associates during the current period.
Statement of the type of external auditor's report Unmodified conclusion
Modification, Qualification or Emphasis of a Matter as Stated within the External Auditor Opinion None
Reclassification of Comparison Items None
Additional Information For the purpose of calculation of profit (loss) per share, the weighted average number of shares outstanding during the period has been adjusted due to split of the nominal value of shares from SR 10 per share to SR 1 per share and hence the increase in the number of shares from 15.8 million shares to 158 million shares.

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.

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GAS
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Key Parameters
Last Price 15.64
Net Change -0.62 (-3.81%)
Value Traded (Sar) 466,825.02
Volume Traded 29,378
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