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Construction of plants and main lines for water distribution, as well as electrical wiring and building finishing
Overview
The company is engaged in the wholesale of electrical, electronic, mechanical, hydromechanical, drilling, technical and water desalination equipment, as well as oil and industrial machinery, generators and spare parts. It also provides operational, engineering and maintenance services. Moreover, the company manufactures pipe spools, steel structures and pressure-reducing stations, in addition to other industrial products.
Basic Information
Country | Saudi Arabia |
Ownership Type: | Joint Stock |
Establishment Date: | 1992 |
Commercial Register: | 2050022617 |
Website: | www.gasarabian.com |
IR@gasarabian.com | |
Phone | +966 13 835 1500 |
Fax | +966 13 831 1500 |
Address | King Saud Street - Al Rabie District - Dammam 31471 |
PO Box | 3422 |
Financials Highlights (M )
Company Size
Trading Data
Stock Market : | NOMU |
Fiscal Year End : | December |
Free Float (M) : | 155.88 |
Free Float % : | 98.66 |
3M Average Volume : | 923,874 |
3M Average Transactions : | 73 |
Change(12M) % : | 31.42 |
Major Shareholders
Name | Number of Shares (M) | Holding |
---|---|---|
Ajyal Al Mustaqbal Ltd | 19.62 | 12.42 % |
GAS Al Khaleej for Trading and Contracting Co. | 19.43 | 12.30 % |
GAS Asia for Trading and Contracting Co. | 19.43 | 12.30 % |
Afaq Al Mustaqbal for Operation and Maintenance Co. | 19.43 | 12.30 % |
Future Cooperation Co. Ltd. | 17.24 | 10.91 % |
Subsidiaries & Associates
Company | Country | Percentage |
---|---|---|
FS-Elliott Saudi Arabia Ltd | Saudi Arabia | 50.00 % |
FS-Elliott Services Saudi Arabia Ltd | Saudi Arabia | 50.00 % |
Weidmueller Saudi Arabia | Saudi Arabia | 49.00 % |
TubeFit Engineering Arabian Factory | Saudi Arabia | 47.00 % |
Gas Vector Saudi Arabia Ltd | Saudi Arabia | 45.00 % |
Elliott Gas Services Saudi Arabia | Saudi Arabia | 45.00 % |
Elster Instromet Services Saudi Arabia | Saudi Arabia | 40.00 % |
Yokogawa Services Saudi Arabia | Saudi Arabia | 33.00 % |
Milestones
07-02-2022
05-05-2021
The company’s capital was increased to SAR 158 million form SAR 150 million through issuing new shares
08-12-2019
It was converted into a joint stock company.
31-10-2019
The company’s capital was increased to SAR 150 million from SAR 2.5 million through capitalizing retained earnings.
30-05-2011
The company’s capital was increased to SAR 2.5 million from SAR 1 million.
11-07-2006
It was converted into a limited liability company, with a capital of SAR 1 million.
11-02-1992
It was formed as a sole proprietorship company, with a capital of SAR 300,000.
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