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National Gas And Industrialization Co JSC (Saudi Arabia)

Main Activities: Metal Tank (Heavy Gauge) Manufacturing | Other Motor Vehicle Parts Manufacturing
Full name: National Gas And Industrialization Co JSC Profile Updated: November 01, 2020
Buy our report for this company USD 29.95 Most recent financial data: 2019 Available in: English & Arabic Download a sample report

National Gas & Industrialization Co. was founded in 1383 H. (1963) as a result of the merger of Dammam based National Gas Co. with its two branches in Riyadh and Jeddah and the Saudi Gasco Industrialization Co. based in Riyadh with its branch in Dammam . During the early Nineties Higra ( early seventies ) other small scale companies and establishments had been established for filling and distribution of L.P. Gases.
The government decided to merge all existing companies and establishments at that time with the National Gas & Industrialization Co. (Gasco ) at the end of 1395 H. (1975).
It engaged in the distribution of gas through a network of filling stations across Saudi Arabia. The Company's main activities are transporting, filling and marketing liquefied petroleum gas , as well as the marketing of empty cylinders and tanks and their accessories. It carries out piping and tank's installations. Its products portfolio falls into four types: Liquid gas, which includes regular gas, propane gas and butane gas; Tanks, which includes surface tanks and buried tanks; Cylinders, which includes steel cylinders and light weight cylinders specification, and flow controllers, which includes tanks flow control and cylinders flow control.

Legal Address
Al-Olaya North Of King Fahad Medical,Prince Abdulaziz Bin Musaid Bin Galawi Street,Building No. 331
Riyadh; Al-Riyadh; Postal Code: 11421

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Website: http://www.gasco.com.sa

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1963
Key Executives
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Chief Executive Officer
Ownership Details
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6.66%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency SAR. Absolute financial data is included in the purchased report.
Net sales revenue
2.94%
Total operating revenue
2.96%
Operating profit (EBIT)
-44.04%
EBITDA
-28.81%
Net Profit (Loss) for the Period
-66.8%
Total assets
-1.7%
Total equity
-14.51%
Operating Profit Margin (ROS)
-2.17%
Net Profit Margin
-7.24%
Return on Equity (ROE)
-5.08%
Debt to Equity Ratio
5.47%
Quick Ratio
-0.61%
Cash Ratio
-0.11%

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