‎GAS reports SAR 1.98B in active contracts through Q4, CEO says

‎GAS reports SAR 1.98B in active contracts through Q4, CEO says ‎GAS reports SAR 1.98B in active contracts through Q4, CEO says

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Faisal Khalid AlDabal, CEO ofGAS Arabian Services Co. (GAS)

GAS Arabian Services Co.’s (GAS) CEO Faisal Khalid AlDabalstated that total supply orders and ongoing project contracts reached SAR 1.98 billion by the end of Q4 2025, compared with SAR 1.66 billion at the end of Q4 2024, giving the company optimism for the future.

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AlDabal added, in an interview with Argaam, that the company posted strong financial performance in Q4 2025, driven by successful deliveries in the trading business, in addition to profits realized from affiliated companies.

He noted that the increase in the company’s revenues reflects the diversification of income sources, including investments, and demonstrates the company’s ability to deliver purchase and supply orders and execute signed project contracts.

He attributed the 26.6% revenue growth to higher sales in the technical services segment, which contributed 76% of the company’s revenues during the quarter.

This growth was driven by the execution of previously signed projects, including contracts with the Saudi Power Procurement Co. (SPPC) in Q2 2025.

AlDabal pointed out that total cash distributions for 2025 amounted to SAR 0.50 per share, noting that the company targets a payout ratio of 45%–60% of net profits.

GAS is optimistic about maintaining strong performance during Q1 2026 through ongoing project execution and supply contracts.

According to data available on Argaam, GAS’s net profit rose to SAR 150.8 million by the end of 2025, up 32% compared with SAR 114 million in 2024. Q4 profits reached SAR 42.5 million.

 

Faisal Khalid AlDabal, CEO ofGAS Arabian Services Co. (GAS)

GAS Arabian Services Co.’s (GAS) CEO Faisal Khalid AlDabalstated that total supply orders and ongoing project contracts reached SAR 1.98 billion by the end of Q4 2025, compared with SAR 1.66 billion at the end of Q4 2024, giving the company optimism for the future.

AlDabal added, in an interview with Argaam, that the company posted strong financial performance in Q4 2025, driven by successful deliveries in the trading business, in addition to profits realized from affiliated companies.

He noted that the increase in the company’s revenues reflects the diversification of income sources, including investments, and demonstrates the company’s ability to deliver purchase and supply orders and execute signed project contracts.

He attributed the 26.6% revenue growth to higher sales in the technical services segment, which contributed 76% of the company’s revenues during the quarter.

This growth was driven by the execution of previously signed projects, including contracts with the Saudi Power Procurement Co. (SPPC) in Q2 2025.

AlDabal pointed out that total cash distributions for 2025 amounted to SAR 0.50 per share, noting that the company targets a payout ratio of 45%–60% of net profits.

GAS is optimistic about maintaining strong performance during Q1 2026 through ongoing project execution and supply contracts.

According to data available on Argaam, GAS’s net profit rose to SAR 150.8 million by the end of 2025, up 32% compared with SAR 114 million in 2024. Q4 profits reached SAR 42.5 million.

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