24 Hrs
Source:
الاقتصادية
Gasco plans 112.5M riyal profit payout
The National Gas and Manufacturing Company "GASCO" announced a cash dividend distribution of 112.5 million SAR for the first half of 2026, at a rate of 1.5 SAR per share for 75 million shares. The eligibility date is set for August 23, with the distribution scheduled for September 10. Additionally, the company has made a decision to unify the prices of LPG filling in Saudi Arabia starting from January 2026, aiming to reduce price disparities between regions and enhance the quality of services. In the first quarter, GASCO recorded profits of 82.2 million SAR, reflecting a 33% increase compared to the previous year, after revenues rose to 962 million SAR, up by 15%.
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