GAS CEO says active contracts reach SAR 1.98B by end-Q4 2025

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

GAS Arabian Services Co.’s (GAS) CEO Faisal Khalid AlDabal said the total value of supply orders and project contracts under execution reached SAR 1.98 billion by the end of Q4 2025, up from SAR 1.66 billion a year earlier.

Speaking to Argaam, AlDabal said the growing backlog gives the company confidence about its future outlook.

He added that GAS delivered strong financial performance in Q4 2025, supported by successful deliveries in the trading segment and profit contributions from associate companies.

AlDabal 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 indicated that GAS’s sales and profits reached their highest levels since inception, backed by diversified income sources and the successful execution of supply orders and project deliveries.

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.

Regarding dividends, AlDabal said total cash distributions for 2025 amounted to SAR 0.5 per share, noting that the company aims to distribute between 45% and 60% of its net profit.

On the outlook for Q1 2026, he said the company remains optimistic about maintaining solid performance through the continued execution of projects and supply contracts.

According to Argaam data, GAS reported a 32% rise in net profit to SAR 150.8 million in 2025, compared with SAR 114 million in the same period of 2024, while fourth-quarter profit reached SAR 42.5 million.