The profits of the National Gas and Industrial Company decreased by 63.7% to reach 33.4 million riyals in the first quarter of 2020, compared to 92.03 million riyals during the same period last year.
According to Arabia Net, the company explained in a statement to the Saudi market that the reason for the decline is mainly due to the decrease in revenue from investments, as a result of the exceptional distributions that the company obtained from Before one of the companies invested in it (the National Industrial Gases Company) in the first quarter of 2019, the company's share of these distributions was 81 million riyals.
