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Gas Holding Q3 profit reaches 102.8m riyals

Gas Holding Q3 profit reaches 102.8m riyals

National Gas and Industrialization Company reported a net profit of SAR 102.8 million in the third quarter of 2026, up 47.49% year on year and 73.65% from the previous quarter. Revenue rose 60.54% to SAR 1.28 billion, driven by higher gas sales resulting from increased prices and volumes. Gross profit also climbed 77.6% to SAR 170.5 million. In the first nine months of the year, net profit increased 31.57% to SAR 244.2 million, despite higher operating expenses and lower investment and financing income.

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