Riyadh - Mubasher: The net profits attributable to the shareholders of National Gas and Industrialization Company (GASCO) increased by 32.79% year-on-year (YoY) to SAR 82.20 million in the first quarter (Q1) of 2026.
The registered earnings were compared with SAR 61.90 million, according to the interim financial results.
GASCO generated revenues amounting to SAR 962.40 million in the January-March 2026 period, up 14.89% from SAR 837.60 million a year earlier.
Additionally, the earnings per share (EPS) climbed to SAR 1.10 in Q1-26 from SAR 0.83 in Q1-25.
The quarterly profits jumped by 29.24% from SAR 63.60 million in Q4-25, while the revenues grew by 7.44% from SAR 895.70 million.
Last year, GASCO recorded net profits valued at SAR 249.10 million, compared to SAR 248.70 million in 2024.
