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National Gas and Industrialization Co (2080)

Last update: 03:10 PM market time.
55.50
0.00
0.00%
Open 55.70
Previous Close 55.50
High 56.00
Low 55.50
Stock Statistics
Volume 134,268
Turnover 7,487,983.10
All data are 15 minutes late during market session

News

Phto Archive
8 November 05:41 PM GASCO achieves 116% YoY surge in Q3 net profits
Riyadh – Mubasher: National Gas and Industrialization Company (GASCO) recorded a 115.8% year-on-year (YoY) leap in net profits after Zakat and tax to SAR 36.7 million during the third quarter (Q3) of 2021, compared to SAR 17 million. Revenues …
The eligibility date has been set as 13 September
8 September 10:26 AM GASCO announces SAR 56m dividends payout for H1
Riyadh – Mubasher: National Gas and Industrialization Company (GASCO) decided to distribute SAR 56.25 million as cash dividends for the first half (H1) of 2021. GASCO will pay a dividend of SAR 0.75 per share, representing 7.5% of the share’s par …
The earnings per share stood at SAR 1.62 in H1-21
19 August 11:12 AM GASCO records 222% higher profits in H1-21
Riyadh – Mubasher: National Gas and Industrialization Company (GASCO) achieved net profits after Zakat and tax worth SAR 121.7 million during the first half (H1) of 2021, a jump of 221.9% from SAR 37.8 million in H1-20. The earnings per share …
GASCO will pay 5% of the capital as dividends
23 June 11:18 AM GASCO’s shareholders approve SAR 37.5m dividends for 2020
Riyadh – Mubasher: National Gas and Industrialization Company (GASCO) will distribute a cash dividend of SAR 0.5 per share, representing 5% of the share’s par value, following the shareholder’s approval on 22 June. GASCO will pay a total of SAR …
Revenues decreased by 3.3% to SAR 511.1 million in Q1-21
23 May 02:14 PM GASCO’s net profit leaps 479.5% in Q1
Riyadh – Mubasher: National Gas and Industrialization Company (GASCO) recorded a net profit after Zakat and tax worth SAR 85.2 million in the first quarter (Q1) of 2021, an annual surge of 479.5% from SAR 14.7 million in Q1-20. The initial income …
GASCO achieved a 25% increase in net profits of SAR 136.9 million
28 April 11:13 AM GASCO’s board recommends SAR 0.5/shr dividend for 2020
Riyadh – Mubasher: The board of the National Gas and Industrialization Company (GASCO) proposed a dividend distribution accounting for 5% of the share’s par value for 2020, according to a disclosure to Tadawul on Wednesday. The recommendation …
The company generated revenues of SAR 1.963bn
31 March 11:07 AM GASCO posts 25% higher net profits in 2020; higher revenues
Riyadh – Mubasher: The net profits after Zakat and tax of National Gas and Industrialization Company (GASCO) jumped by 25.137% to SAR 136.9 million in 2020 from SAR 109.4 million in 2019. The company generated revenues of SAR 1.963 billion last …
The new subsidiary will be based in Riyadh city.
16 February 09:23 AM GASCO to set up fully-owned subsidiary to develop LPG products, solutions
Riyadh – Mubasher: National Gas and Industrialization Company (GASCO) said its board approved establishing a fully-owned limited-liability subsidiary, subject to obtaining the required approvals and licences from relevant authorities. The …
GASCO’s total share of FY20 dividends amounted to SAR 63 million.
28 December 2020 10:13 AM GASCO to receive SAR 50.4m in Q4 dividends from unit
Riyadh – Mubasher: National Gas and Industrialization Company (GASCO) said its subsidiary, the National Industrial Gases Company (GAS), agreed to distribute cash dividends for the fourth quarter (Q4) of 2020. GASCO owns 9% of GAS’ capital and …
Photo Archive
31 August 2020 00:41 PM National Gas expects no impact on its Saudi operations after JV cancellation
Mubasher: Oman-based National Gas said it expects no negative effects on the company’s current core operations in Saudi Arabia after its proposed joint venture (JV) with the Tadawul-listed National Gas and Industrialization Company (GASCO) was …
The decision will have no financial impact on the company’s results
30 August 2020 11:19 AM GASCO cancels gas extension investment plan with Omani firm
Riyadh – Mubasher: National Gas and Industrialization Company (GASCO), listed on the Saudi Stock Exchange (Tadawul), announced that its board of directors decided not to proceed with plans with Oman-based National Gas to invest in a new gas …
4 June 2020 01:21 PM GASCO posts SAR 33.44m in Q1-20 profit
Riyadh – Mubasher: National Gas and Industrialization Company (GASCO) reported a decline in profit by 63.66% during the first quarter (Q1) of 2020 to SAR 33.44 million, down from SAR 92.03 million for the corresponding period last year. This comes …
The one-year contract is valued at SAR 20.76 million
13 February 2020 05:00 PM GASCO announces medical insurance deal
Riyadh – Mubasher: National Gas and Industrialization Company (GASCO) signed a medical insurance agreement with Company For Cooperative Insurance. The deal’s value is SAR 20.76 million, plus the value-added tax (VAT), the company said in a …
The instalment represents 50% of the loan’s total value
2 January 2020 04:34 PM GASCO receives first instalment of SIDF loan
Riyadh – Mubasher: National Gas and Industrialization Company (GASO) announced that it has received the first instalment of a SAR 85.3 million loan from the Saudi Industrial Development Fund (SIDF). The amount represents 50% of the loan’s total …
GASCO achieved SAR 151.8 million in profits in nine months
10 November 2019 00:13 PM Saudi GASCO’s Q3 profits fall 7%
Riyadh – Mubasher: National Gas and Industrialization Company (GASCO) posted a 6.8% year-on-year fall in its net profits for the third quarter of 2019, recording SAR 32.23 million. Revenues of the Saudi-based firm levelled up by 2.8% to SAR 462.01 …
The resignation will be effective from 1 January 2020
3 October 2019 04:59 PM Saudi GASCO approves CEO’s resignation
Riyadh – Mubasher: The National Gas and Industrialization Company (GASCO) approved the resignation of the firm’s CEO Abdulkareem bin Hamad Al Nujaidi. GASCO clarified that the resignation of the official was submitted for personal reasons. The …
Net profits fell by 44.87% to SAR 17.84 million in Q2-19
21 August 2019 00:02 PM GASCO’s profits hit SAR 120m in H1
Riyadh – Mubasher: National Gas and Industrialization Company (GASCO) reported its initial financial results for the second quarter of 2019. Net profits after zakat and tax fell by 44.87% to SAR 17.84 million in Q2-19, compared to SAR 32.36 …
The transaction’s total value amounted to SAR 130.06 million
26 May 2019 10:40 AM GASCO inks SAR 130m deal with Enagas
Riyadh – Mubasher: National Gas and Industrialization Company (GASCO) signed a deal with Saudi Gas Cylinder Factory (Enagas) to manufacture and supply gas tanks and cylinders in an effort to meet customers’ needs. The transaction’s total value …
GASCO will pay SAR 120 million in dividends for the year ended December 2018
16 May 2019 00:52 PM GASCO’s board approves SAR 1.6/shr dividends for FY18
Riyadh – Mubasher: The general assembly of National Gas and Industrialization Company (GASCO) approved distributing cash dividends worth SAR 1.6 per share. representing 16% of the share's nominal value, for the full-year 2018. The company will pay …
Net profits after zakat and tax reached SAR 85.79 million in Q1-19
12 May 2019 10:42 AM National Gas reports 121% profit surge in Q1
Riyadh – Mubasher: National Gas and Industrialization Company posted a 120.9% year-on-year hike in its profits for the first quarter of 2019. Net profits after zakat and tax reached SAR 85.79 million in Q1-19, compared to SAR 38.83 million, …
The firm attributed 2018 profit decline to a drop in sales of gas and cylinders
18 March 2019 09:47 AM GASCO profit falls 8% in 2018
Riyadh – Mubasher: Saudi Arabia’s National Gas and Industrialization Company (GASCO) on Monday reported an 8% year-on-year profit decrease during the full-year 2018. GASCO’s net profits after calculating Zakat and Tax amounted to SAR 117.14 …
The two firms further noted that they are evaluating studies for this potential expansion
2 December 2018 00:34 PM Oman’s National Gas, GASCO eye expansion in Saudi Arabia
Mubasher: Oman-based National Gas and National Gas and Industrialization Company (GASCO) are considering available opportunities for expanding their business in Saudi Arabia. The two firms further noted that they are evaluating studies for this …
GASCO’s net profits after calculating Zakat and Tax hit SAR 35.55 million ($9.48 million) by the end of Q3-18
7 November 2018 03:58 PM GASCO’s profit drops in Q3, 9M
Riyadh – Mubasher: Saudi Arabia-based National Gas and Industrialization Company (GASCO) on Wednesday reported an 8.2% decrease in net profits during the third quarter of 2018, compared to the year-ago period. GASCO’s net profits after calculating …
GASCO gets SAR 203m loan from SIDF
27 September 2018 06:23 PM GASCO gets SAR 203m loan from SIDF
Riyadh – Mubasher: National Gas and Industrialization Co (GASCO) on Thursday said it received a loan from the Saudi Industrial Development Fund (SIDF) worth SAR 203 million ($54.12 million). The six-year loan is warranted by collateral of seven …
GASCO’s profits reached SAR 31.78 million during Q2-18
30 July 2018 10:57 AM GASCO profit falls in Q2, H1
Riyadh – Mubasher: National Gas and Industrialization Company (GASCO) on Monday posted a 15.9% year-on-year decline in its net profits for the second quarter of 2018. GASCO’s profits reached SAR 31.78 million during Q2-18, compared to SAR 37.9 …