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East Pipes Integrated Company for Industry 2022 Annual Results

Revenue
SAR -563M
Net Profit
SAR -3M

East Pipes Integrated Company for Industry (1321) reported full year 2022 revenue of SAR -563M, up 20.2% from SAR -705M in 2021. Net profit came in at SAR -3M, down 102.2% year on year. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric20222021
RevenueSAR -563MSAR -705M
Net ProfitSAR -3MSAR 148M
Gross ProfitSAR 35MSAR 230M
Net Margin0.6%-21.0%
ROE-0.6%28.6%
Total AssetsSAR 896MSAR 819M
Total EquitySAR 515MSAR 518M

Year on Year Comparison

Revenue increased by 20.2% compared to 2021. Net profit decreased by 102.2%. Revenue grew but profit declined — suggesting margin pressure.

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: 2022-06-01.