National Gas and Industrialization Co (2080)

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News

9 December 12:38 PM GASCO announces 2 key appointments

Riyadh - Mubasher: National Gas and Industrialization Company (GASCO) appointed  Abdulaziz Fahad Al Khayal as the board’s Chairman for the next four years. Mohammed Hamad Al Kathiri was also named as the Vice Chairman, according to a bourse …

Board of Directors

5 November 03:21 PM GASCO’s net profits exceed SAR 185.5m in 9M-25

Riyadh - Mubasher: The net profits of National Gas and Industrialization Company (GASCO) declined by 1.64% to SAR 185.60 million in the first nine months (9M) of 2025 from SAR 188.70 million. The earnings per share (EPS) amounted to SAR 2.47 as of …

Financial Results

10 August 06:54 PM GASCO posts 15% decline in H1-25 net profits

Riyadh - Mubasher: National Gas and Industrialization Company (GASCO) delivered a 15.15% drop in net profit to SAR 115.90 million during the first half (H1) of 2025, compared to SAR 136.60 million in H1-24. Revenues reached SAR 1.57 billion in the …

Financial Results

24 June 02:58 PM GASCO to pay over SAR 86m dividends for H1-25

Riyadh – Mubasher: The board members of National Gas and Industrialization Company (GASCO) approved cash dividends valued at SAR 86.30 million for the first half (H1) of 2025. GASCO will pay out a dividend of SAR 1.15 per share, representing …

Cash Dividends

2 March 03:54 PM GASCO sees higher profits in 2024; revenues cross SAR 2.8bn

Riyadh – Mubasher: National Gas and Industrialization Company (GASCO) logged net profits valued at SAR 248.70 million in 2024, an annual rise of 9.41% from SAR 227.30 million. Revenues grew 16.73% year-on-year (YoY) to SAR 2.86 billion at the end …

Financial Results

24 July 2024 08:50 AM Saudi Arabia to host Middle East LPG Expo 2024

Riyadh – Mubasher: Middle East LPG Expo - Saudi Arabia 2024 is set to take place during 10-11 September 2024, according to a press release. LPG Expo, a leading exhibition and conference organiser in the liquefied petroleum gas (LPG) industry, …

Event

4 June 2024 11:49 AM GASCO’s board passes cash dividends for H1-24

Riyadh – Mubasher: The board of National Gas and Industrialization Company (GASCO) approved cash dividends valued at SAR 82.50 million, representing 11% of the capital, for the first half (H1) of 2024. GASCO will disburse a dividend of SAR 1.10 …

Cash Dividends

9 May 2024 00:48 PM GASCO records higher net profits at over SAR 78.5m in Q1-24

Riyadh – Mubasher: The net profits of National Gas and Industrialization Company (GASCO) increased by 7.67% year-on-year (YoY) to SAR 78.60 million in the first quarter (Q1) of 2024, versus SAR 73 million. The Saudi firm posted revenues valued at …

Financial Results

11 March 2024 11:02 AM GASCO’s net profit rises 6% YoY in 2023

Riyadh – Mubasher: National Gas and Industrialization Company (GASCO) recorded a 6.17% year-on-year (YoY) increase in net profit to SAR 227.30 million in 2023 from SAR 214.10 million. The company’s revenues grew 18.16% YoY to SAR 2.45 billion last …

Financial Results

12 December 2023 10:21 AM GASCO to pay 10% of capital as cash dividends for H2-23

Riyadh – Mubasher: National Gas and Industrialization Company (GASCO) announced cash dividends valued at SAR 75 million for the second half (H2) of 2023, according to a bourse statement. The listed firm will grant 75 million eligible shareholders …

Cash Dividends

8 November 2023 05:20 PM GASCO’s net profit grows by 15.87% in 9M-23

Riyadh – Mubasher: National Gas and Industrialization Company (GASCO) posted a net profit after Zakat and tax of SAR 184.70 million in the first nine months (9M) of 2023, up by 15.87% from SAR 159.40 million in the same period of 2022. The …

Financial Results

21 June 2023 00:56 PM GASCO unveils SAR 75m cash dividends for H1-23

Riyadh – Mubasher: The board of National Gas and Industrialization Company (GASCO) decided to pay out SAR 75 million, equivalent to 10% of the capital, as cash dividends for the first half (H1) of 2023. GASCO will grant SAR 1 per share for 75 …

Cash Dividends

16 May 2023 06:23 PM GASCO’s net profit in Q1-23 unchanged on annual basis

Riyadh – Mubasher: National Gas and Industrialization Company (GASCO) maintained the value of its net profit after Zakat and tax at SAR 73 million in the first quarter (Q1) of 2023 when compared to Q1-22. GASCO generated revenues worth SAR 614.90 …

Financial Results

21 March 2023 10:35 AM GASCO records over SAR 214m profits in 2022

Riyadh – Mubasher: National Gas and Industrialization Company (GASCO) registered SAR 214.10 million in net profit after Zakat and tax in 2022, an annual rise of 6.30% from SAR 201.40 million. In the 12-month period that ended on 31 December 2022, …

Financial Results

13 December 2022 02:06 PM GASCO appoints new Chairman, Vice Chairman

Riyadh – Mubasher: National Gas and Industrialization Company (GASCO) named Abdulaziz Fahad Al Khayyal as the new Chairman of the board for the next three years. The Tadawul- listed firm also announced Ali Mohammed Al Saflan as the Vice Chairman, …

Corporate Actions

11 December 2022 04:44 PM GASCO to disburse 10% of capital in H2-22 dividends

Riyadh – Mubasher: National Gas and Industrialization Company’s board (GASCO) announced a cash dividend distribution worth SAR 75 million, equivalent to 10% of the capital, to shareholders for the second half (H2) of 2022. GASCO will pay out SAR 1 …

Board of Directors

9 November 2022 02:14 PM GASCO’s profits rise to SAR 159.5m in 9M-22 interim results

Riyadh – Mubasher: The net profit after Zakat and tax of National Gas and Industrialization Company (GASCO) reached SAR 159.40 million in the first nine months (9M) of 2022, up 1.27% from SAR 157.40 million in 9M-21. Revenues increased by 5.48% to …

Financial Results

3 October 2022 05:07 PM Bahri partners with GASCO to establish logistics firm

Riyadh – Mubasher: National Shipping Company of Saudi Arabia (Bahri) signed a non-binding memorandum of understanding (MoU) with National Gas and Industrialization Company (GASCO) on 3 October 2022 to set up a new business. Under the 12-month …

Companies Investments

10 August 2022 06:00 PM GASCO posts lower profits at SAR 105m in H1-22

Riyadh – Mubasher: National Gas and Industrialization Company (GASCO) has registered net profits after Zakat and tax of SAR 104.70 million during the first half (H1) of 2022, down 13.97% from SAR 121.70 million in H1-21. The revenues increased by …

Financial Results

28 June 2022 03:39 PM GASCO to pay 15% of capital as 2021 dividends

Riyadh – Mubasher: The shareholders of National Gas and Industrialization Company (GASCO) approved the board’s decision to pay 15% of the capital as cash dividends for both the first half (H1) and H2 of 2021 GASCO will disburse SAR 1.50 per share …

General Assembly

18 May 2022 06:49 PM GASCO’s profits down 14% in Q1-22 initial results

Riyadh – Mubasher: National Gas and Industrialization Company’s (GASCO) net profits after Zakat and tax plunged by 14.31% to SAR 73 million in the first quarter (Q1) of 2022, compared to SAR 85.20 million in Q1-21. Revenues stood at SAR 516.70 …

Financial Results

27 March 2022 01:51 PM GASCO’s profits exceed SAR 201.5m in 2021; dividends for H2-21announced

Riyadh – Mubasher: National Gas and Industrialization Company (GASCO) has generated net profits after Zakat and tax worth SAR 201.70 million in 2021, an annual jump of 47.33% from SAR 136.90 million. Revenues reached SAR 1.90 billion, a …

Financial Results

16 February 2022 09:51 AM GASCO inks SAR 29m deal to acquire stake in Best Gas Carrier

Riyadh – Mubasher: National Gas Industrialization Company (GASCO) has signed an agreement to acquire a 55% stake in Best Gas Carrier Co. in exchange for SAR 29.12 million. The value of the transaction, subject to the approval of the General …

Companies Investments

13 February 2022 03:22 PM GASCO’s unit considers gas distribution services for Saudi NHC

Riyadh – Mubasher: Gas Solutions, a subsidiary of National Gas Industrialization Company (GASCO), has signed a memorandum of understanding (MoU)  with the National Housing Company (NHC) on 10 February. The agreement aims to consider potential …

Companies Investments

28 December 2021 07:49 PM GASCO in talks to acquire stake in Best Gas Carrier

Riyadh – Mubasher: The board of National Gas Industrialization Company (GASCO) has approved, on 27 December, to enter negotiations with Best Gas Carrier Company to acquire equity in the latter. The investment committee will monitor all …

Management Decisions