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Saudi Steel Pipe Co. 2022 Annual Results

Revenue

SAR 640M

Net Profit

SAR 54M

Saudi Steel Pipe Co. (1320) reported full year 2022 revenue of SAR 640M, up 85.0% from SAR 346M in 2021. Net profit came in at SAR 54M, up 5716.0% year on year. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric	2022	2021
Revenue	SAR 640M	SAR 346M
Net Profit	SAR 54M	SAR 932K
Gross Profit	SAR 107M	SAR 27M
Net Margin	8.5%	0.3%
ROE	9.8%	0.2%
Total Assets	SAR 1.04B	SAR 972M
Total Equity	SAR 551M	SAR 495M

Year on Year Comparison

Revenue increased by 85.0% compared to 2021. Net profit increased by 5716.0%. Both revenue and profit grew — indicating expanding business.

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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: 2023-04-10.