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NGIC - National Gas & Industrialization Co. - GASCO   Discuss
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National Gas & Industrialization Co. - GASCO (NGIC) 
Stock Market Saudi Stock Exchange
Official Sector Energy & Utilities (2)
Market Cap Size Small-Cap (40)
GulfBase Sector Utilities (10)
 

Stock Quote Fundamental Data Research Reports

Overview
Establishment Date: 08/12/1963
Paid-Up Capital (SAR): 750,000,000
Par Value Per Share (SAR): 10.00
No. of Employees: 1926
Major Shareholders
Saeed A. G. Al Ghamdi 11.90%
Public Investment Fund 10.90%
General Organization for Social Insurance (GOSI) 6.10%
Activity
The filling and distribution of liquified petroleum gas and by-products in accordance with a 1975 governmental resolution. GASCO started its activity after the merger of the National Gas Company in Dammam and its branches in Riyadh and Jeddah. GASCO distributes products to Consumers through authorized agents and those who deal directly with filling stations owned by the company throughout Saudi Arabia. GASCO also owns shares in Saudi Factory for Cylinder 30% and National Gas Industry 6%.
Subsidiaries, Associates & Joint Ventures
Company
Gas Systems Co. Ltd
Saudi Gas Cylinder Factory
Eastern Gas Co.
Natural Gas Distribution Co.
Arabian Float Glass Co.
National Co. for Industrial Gases
more details

Corporate Announcements Company News
Net profit announced for the 9 months ended 30/9/2009, SAR 61.40 million, a decrease of 43%. 20/10/2009
Net profit announced for the 1st Half of the year 2009, SR 23.3 million, a decrease of 71%. 21/07/2009
Net profit announced for the 1st Quarter of the year 2009, SR 12.5 million, a decrease of 57%.19/04/2009
Cash dividend of SR 1.5 per share approved for the year 2008.28/03/2009
Cash dividend of SR 1.2 per share announced for the year 2008.21/02/2009
more...
National General Insurance reports good results  (AME Info - 25/03/2009)
National Gas & Industrialization Appoints New   (Bloomberg - 04/01/2009)
Emirate studying sour gas field  (Reuters - 17/08/2008)
Gasco Set to Hold General Meeting   (Arab News - 05/04/2007)
GASCO announced financial results for 2006  (Tadawul - 23/01/2007)
more...

Key People Contacts
Chairman: Abdullah A. Al Naeem
General Manager: Muhammad I. M. Al Shabnan
Managing Director: Abdullah A. Al Naeem
Board Members: Dr. Ibrahim A. Al Khadeer
Abdulaziz Al Bassam
Abdullah S. Bahamdan
Abdurrahman M. Al Lehidan
Ghadran S. A. Ghadran
Hajjad O. Al Ghamdi
Mohammed I.M. Al-Shabnan
Sultan A. Abu Milha
Auditors: Al Suweilem & Al Onaizan Co.
E-mail Address: info@gasco.com.sa
Website: http://www.gasco.com.sa
Postal Address: P.O. Box 564, Riyadh 11421
Phone: +966 1 466 4999
Fax: +966 1 466 4888
Telex: 401274
 
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