Gas Arabian Services net profit up 64% to SAR 15.4 mln in H1 2021

13/01/2022 Argaam
Logo of Gas Arabian Services

Logo of Gas Arabian Services

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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