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Arabian Pipes Co. 2022 Annual Results

Revenue
SAR 483M
Net Profit
SAR 9M

Arabian Pipes Co. (2200) reported full year 2022 revenue of SAR 483M, up 28.3% from SAR 376M in 2021. Net profit came in at SAR 9M, up 115.0% year on year. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric20222021
RevenueSAR 483MSAR 376M
Net ProfitSAR 9MSAR -60M
Gross ProfitSAR 49MSAR 19M
Net Margin1.9%-16.0%
ROE7.8%-56.9%
Total AssetsSAR 766MSAR 561M
Total EquitySAR 115MSAR 106M

Year on Year Comparison

Revenue increased by 28.3% compared to 2021. Net profit increased by 115.0%. Both revenue and profit grew — indicating expanding business.

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: 2023-04-02.