Natural Gas Distribution Co. announces its Interim Financial results for the period ending on 2025-06-30 ( Six Months )

26 August 2025 01:11 PM

NGDC 9516 3.03% 29.88 0.88

Element List	Current Period	Similar period for previous year	%Change
Sales/Revenue	75,314	54,320	38.648
Net profit (Loss)	2,248	1,492	50.67
Total Shareholders Equity (after Deducting Minority Equity)	59,017	59,268	-0.423
Profit (Loss) per Share	0.45	0.3
All figures are in (Thousands) Saudi Arabia, Riyals

Element List	Amount	Percentage of the capital (%)
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value	-	-
Accumulated Losses	-	-
All figures are in (Thousands) Saudi Arabia, Riyals

Element List	Explanation
The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is	The increase in natural gas revenues compared to last year was due to a 23% increase in the price of gas supplied by Aramco, and a 17% increase in customer consumption of natural gas compared to the previous year.
The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is	The increase in net profit this year is due to an increase in customer consumption of natural gas during the first half of the year compared to the previous year.
Statement of the type of external auditor's report	Unmodified conclusion
Reclassification of Comparison Items	During the period, the Company has reclassified certain balances that management considers to be a more accurate presentation and reflect the related nature. These reclassifications have no impact on previously reported net income or retained earnings.

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