Riyadh – Mubasher: The net profits after Zakat and tax of National Gas and Industrialization Company (GASCO) jumped by 25.137% to SAR 136.9 million in 2020 from SAR 109.4 million in 2019.
The company generated revenues of SAR 1.963 billion last year, up 2.1% from SAR 1.922 billion in 2019, according to the company's financial results for 2020.
The earnings per share (EPS) settled at SAR 1.83 in 2020, compared to SAR 1.46 in 2019.
It is noteworthy to mention that during the third quarter (Q3) of 2020, the company's net profits plunged by around 74.75% to SAR 7.7 million from SAR 30.5 million in the year-ago period.
