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المشهد العربي
Saudi Gas Firm Reports 326% H1 Profit Increase
Saudi Natural Gas Distribution Company achieved a record-breaking profit growth of 326% in the first half of 2026, with profits reaching 9.6 million Riyals compared to 2.2 million Riyals during the same period last year. This growth is attributed to a 6% increase in gas revenues resulting from tariff price adjustments and the addition of new customers, along with a 4% reduction in operating costs and increased profits from investments in joint ventures.
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