National Gas and Industrialization Co. announces its Interim Financial results for the Period Ending on 2025-06-30 ( Six Months )
| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 740.1 | 642.9 | 15.118 | 837.6 | -11.64 |
| Gross Profit (Loss) | 104.4 | 77.6 | 34.536 | 115.3 | -9.453 |
| Operational Profit (Loss) | 38.8 | 29.8 | 30.201 | 54.7 | -29.067 |
| Net profit (Loss) | 53.9 | 58 | -7.068 | 61.9 | -12.924 |
| Total Comprehensive Income | 71.4 | 91.2 | -21.71 | 36.8 | 94.021 |
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Sales/Revenue | 1,577.7 | 1,349.7 | 16.892 |
| Gross Profit (Loss) | 219.7 | 177 | 24.124 |
| Operational Profit (Loss) | 93.5 | 83.6 | 11.842 |
| Net profit (Loss) | 115.9 | 136.6 | -15.153 |
| Total Comprehensive Income | 108.2 | 183.3 | -40.971 |
| Total Shareholders Equity (after Deducting Minority Equity) | 1,928.2 | 1,946.5 | -0.94 |
| Profit (Loss) per Share | 1.54 | 1.82 | |
| All figures are in (Millions) 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 (Millions) Saudi Arabia, Riyals | |||
| Element List | Explanation |
|---|---|
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is | "The increase in revenues by SR 97.2 million is mainly due to the following:
- Increase in gas sales by SR 106.9 million due to the increase in gas prices and volume -Increase in revenues from other services by SR 9.8 million Despite the: - Decrease in sales of empty cylinders by SR 2.5 million. - Decrease in revenues from commercial projects by SR 17 million. " |
| The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is | "The decrease in net profit by SR 4.1 million is mainly due to the following:
- Increase in operating expenses by SR 17.7 million. - Decrease in other income by SR 8 million. - Decrease in zakat reversal by SR 4.5 million. -Decrease in investment and finance income by SR 1 million. -Increase in finance costs by SR 0.7 million Despite the: - Increase in gross profit by SR 26.9 million as a result of increase in revenues. -Increase in share of results of associates by SR 0.9 million. " |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | "The decrease in revenues by SR 97.5 million is mainly due to the following:
- Decrease in gas sales by SR 76 million . - Decrease in sales of empty cylinders by SR 21 million. - Decrease in revenues from commercial projects by SR 6 million. Despite the: - Increase in sales of scrap and spare parts by SR 1.7 million. - Increase in revenues from other services by SR 4 million." |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | "The decrease in net profit by SR 8 million is mainly due to the following:
- Increase in operating expenses by SR 4.9 million. - Decrease in gross profit by SR 11 million as a result of decrease in revenues. -Decrease in share of results of associates by SR 0.8 million..
Despite the: - Decrease in zakat expense by SR 5.4 million. - Increase in net other income by SR 1.1 million. - Increase in investment and finance income by SR 1.8 million. -Decrease in finance costs by SR 0.4 million" |
| The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is | "The increase in revenues by SR 228 million is mainly due to the following:
- Increase in gas sales by SR 227 million due to the increase in gas prices and volume. - Increase in sales of empty cylinders by SR 6.5 million. - Increase in revenues from other services by SR 8.9 million. Despite the: - Decrease in revenues from commercial projects by SR 14.4 million.
" |
| The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is | "The decrease in net profit by SR 20.7 million is mainly due to the following:
- Decrease in zakat reversal by SR 5.1 million. -Increase in operating expenses by SR 32.8 million. -Decrease in investment and finance income by SR 18.7 million. -Decrease in other income by SR 9.9 million. -Increase in finance costs by SR 1.4 million. Despite the: -Increase in share of results of associates by SR 4.5 million. - Increase in gross profit by SR 42.7 million as a result of increase in revenues." |
| Statement of the type of external auditor's report | Unmodified conclusion |
| 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) | None |
| Reclassification of Comparison Items | None |
| Additional Information | - |
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