Faisal Khalid AlDabal, CEO of GAS
The total value of contracts backlog reached SAR 1.77 billion by the end of Q1 2026, GAS Arabian Services Co. (GAS) CEO Faisal Khalid AlDabal told Argaam in an interview. 
The company’s Q1 2026 net profit reached SAR 38.2 million, mainly driven by increased revenues from the three segments, improved profit margins, along with higher profit generated from investment in associate companies.
Trading and technical services segments boosted profits, in addition to stronger contributions from investments in associate companies, the CEO noted, adding that the performance was generally positive across segments.
Agreements to purchase stakes in two companies for of SAR 65.8 million had already reflected financially in Q1 2026 results, as evidenced by the increase in the company’s share of profits from investments in joint ventures, AlDabal stated.
Regarding regional geopolitical developments, the CEO highlighted that the company continues to monitor the impact on the business environment in the Kingdom and the GCC countries. “However, we will continue assessing the potential long-term impact on our operations in future reports, given the rapidly evolving nature of these events,” he said.
AlDabal expects GAS to maintain a positive outlook for profit in Q2 2026, powered by the volume of contracts backlog. He emphasized that the focus remains on protecting profit margins and ensuring operational resilience, while carefully monitoring macroeconomic changes to maintain performance stability.
Faisal Khalid AlDabal, CEO of GAS
The total value of contracts backlog reached SAR 1.77 billion by the end of Q1 2026, GAS Arabian Services Co. (GAS) CEO Faisal Khalid AlDabal told Argaam in an interview.
The company’s Q1 2026 net profit reached SAR 38.2 million, mainly driven by increased revenues from the three segments, improved profit margins, along with higher profit generated from investment in associate companies.
Trading and technical services segments boosted profits, in addition to stronger contributions from investments in associate companies, the CEO noted, adding that the performance was generally positive across segments.
Agreements to purchase stakes in two companies for of SAR 65.8 million had already reflected financially in Q1 2026 results, as evidenced by the increase in the company’s share of profits from investments in joint ventures, AlDabal stated.
Regarding regional geopolitical developments, the CEO highlighted that the company continues to monitor the impact on the business environment in the Kingdom and the GCC countries. “However, we will continue assessing the potential long-term impact on our operations in future reports, given the rapidly evolving nature of these events,” he said.
AlDabal expects GAS to maintain a positive outlook for profit in Q2 2026, powered by the volume of contracts backlog. He emphasized that the focus remains on protecting profit margins and ensuring operational resilience, while carefully monitoring macroeconomic changes to maintain performance stability.
