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Gas Arabian Services Co. reported a net profit of SAR 15.4 million for H1 2021, a 64% increase, from SAR 9.4 million in the same period a year earlier.
Income Statement |
|||
Period |
H1 2020 |
H1 2021 |
Variation |
Revenue (SAR mln) |
130.1 |
139.9 |
+7.5% |
Net profit (SAR mln) |
9.4 |
15.4 |
+64% |
Average number of shares (mln) |
15.8 |
15.8 |
-- |
EPS (SAR/share) |
0.6 |
0.98 |
+64% |
The increase in net profit is attributed to higher sales, gross profit, other income and income from affiliates, in addition to lower Zakat.
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