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GASCO Q3 profit rises 18.6% to SAR 43.9m

GASCO Q3 profit rises 18.6% to SAR 43.9m
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The National Gas and Industrialization Co. (GASCO) released on Oct. 23 interim financial results for the fiscal period ending on Sept. 30, 2014.
Q3 net earnings reached SAR 43.9 million net earnings, rising 18.65% year-on-year from SAR 37 million and 14.92% quarter-on-quarter from SAR 38.2 million.
The nine-month net earnings grew 3.95% to SAR 115.7 million, compared with SAR 111.3 million in the year-ago period.
The earnings per share rose from SAR 1.48 to SAR 1.54.