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GAS Arabian Services Co. announces its Interim Financial results for the Period Ending on 2026-03-31 ( Three Months ) | premargin

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	361,400,213	321,718,403	12.334	409,812,867	-11.813
Gross Profit (Loss)	65,407,512	55,390,959	18.083	52,368,643	24.898
Operational Profit (Loss)	36,596,456	31,639,831	15.665	38,953,881	-6.051
Net Profit (Loss) Attributable to Shareholders of the Issuer	38,159,800	31,310,290	21.876	42,506,510	-10.225
Total Comprehensive Income Attributable to Shareholders of the Issuer	38,159,800	31,310,290	21.876	37,635,790	1.392
All figures are in (Actual) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Total Shareholders Equity (after Deducting Minority Equity)	473,504,785	399,529,744	18.515
Profit (Loss) per Share	0.24	0.2
All figures are in (Actual) Saudi Arabia, Riyals

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

Element List	Explanation
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is	The company has achieved 12.3% growth in total revenue i.e. rising from SAR 321.7 million in Q1 2025 to SAR 361.4 million in Q1 2026. This growth was driven by improved performance across all segments compared to the same period last year.
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is	The main reasons for the increase in net profit from SAR 31.3 million in Q1 2025 to SAR 38.2 million in Q1 2026 is due to growth in revenue, saving in cost of revenue and backed by profit from shares in results of joint ventures.
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is	The company's total revenue has decrease by 11.8%, from SAR 409.8 million in Q4 2025 to SAR 361.4 million in Q1 2026, primarily due to decrease in revenue from technical services segment in this quarter compared to the previous quarter.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is	The main reasons for the decrease in net profit from SAR 42.5 million in Q4 2025 to SAR 38.2 million in Q1 2026 due to decrease in shares in results of joint ventures in this quarter compared to the previous quarter.
Statement of the type of external auditor's report	Unmodified conclusion
Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion)	None
Reclassification of Comparison Items	None
Additional Information	-
Attached Documents	Attached Documents