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Saudi Steel Pipe Co. 2020 Annual Results

Revenue

SAR 484M

Net Profit

SAR -34M

Saudi Steel Pipe Co. (1320) reported full year 2020 revenue of SAR 484M, down 26.5% from SAR 658M in 2019. Net profit came in at SAR -34M, down 28.5% year on year. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric	2020	2019
Revenue	SAR 484M	SAR 658M
Net Profit	SAR -34M	SAR -27M
Gross Profit	SAR 25M	SAR 13M
Net Margin	-7.1%	-4.1%
ROE	-7.0%	-5.1%
Total Assets	SAR 1.11B	SAR 1.12B
Total Equity	SAR 493M	SAR 528M

Year on Year Comparison

Revenue decreased by 26.5% compared to 2019. Net profit decreased by 28.5%. Both revenue and profit declined year on year.

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Financial data sourced from CMA-mandated XBRL filings published on the Saudi Exchange (Tadawul). Data processed and structured by Sahm Screener (sahmscreener.com). Updated nightly. Last updated: 2021-03-14.