National Gas and Industrialization Co. (GASCO) reported a net profit of SAR 70.61 million for the first half of 2018, down 31.29 percent year-on-year (YoY), as investment revenue tumbled by SAR 17.2 million, while selling and marketing costs rose by SAR 5.6 million.
|Gross Income||109.65||110.05||0.4 %|
|Operating Income||60.99||55.05||(9.7 %)|
|Net Income||102.78||70.62||(31.3 %)|
|EPS (Riyal)||1.37||0.94||(31.3 %)|
GASCO’s net profit for the second quarter fell 15.9 percent YoY to SAR 31.78 million due to a SAR 6.22 million drop in investment revenue, as well as higher sales and marketing expenses.
On a sequential basis, the profit for the current period retreated 18.16 percent.
|Period||Revenues||Gross Income||Net Income||EPS (Riyal)||Earnings Growth|
|2018 - Q4||484.92||65.30||10.97||0.15||177.50 %|
|2018 - Q3||447.66||48.29||35.55||0.47||(8.19 %)|
|2018 - Q2||473.38||49.71||31.79||0.42||(15.90 %)|
|2018 - Q1||490.48||64.58||38.83||0.52||(40.24 %)|
|P/E Before Unusual Items (TTM)||15.71|
|Dividend Yield||5.71 %|
|Market Cap. (M)||2,235.00|
|Return on Average Assets||8.27 %|
|Return on Average Equity||10.92 %|