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Arabian Pipes Co. 2021 Annual Results

Revenue
SAR 376M
Net Profit
SAR -60M

Arabian Pipes Co. (2200) reported full year 2021 revenue of SAR 376M, down 14.7% from SAR 441M in 2020. Net profit came in at SAR -60M, up 69.2% year on year. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric20212020
RevenueSAR 376MSAR 441M
Net ProfitSAR -60MSAR -195M
Gross ProfitSAR 19MSAR -72M
Net Margin-16.0%-44.3%
ROE-56.9%-94.7%
Total AssetsSAR 561MSAR 942M
Total EquitySAR 106MSAR 206M

Year on Year Comparison

Revenue decreased by 14.7% compared to 2020. Net profit increased by 69.2%. Revenue declined but profit grew — indicating improved efficiency or cost control.

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: 2022-04-12.