GAS plans to disclose financials quarterly

31/10/2024 Argaam
Logo ofGAS Arabian Services Co. (GAS)

Logo of GAS Arabian Services Co. (GAS) 

Gas Arabian Services Co. (GAS) intends to disclose its financial statements on a quarterly basis, starting from the third quarter of 2024, the company said in a filing to Tadawul, today, Oct. 31.

 

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The decision comes in line with best disclosure and governance practices, as well as Article 91 of the Corporate Governance Regulations regarding the implementation of effective governance.

 

GAS reported a net profit of SAR 81 million for 9M 2024, a leap of 40% from SAR 57.7 million a year earlier, according to data available with Argaam.

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