Riyadh based Saudi Steel Pipe Company has achieved net profits after Zakar and tax of SAR 14.53 million in the first quarter of 2022, against net losses of SAR 8.48 million in the year-ago period. The company's revenues increased by 99.9% to SAR 184.08 million from SAR 92.08 million in the same quarter of 2022.Saudi Steel Pipe Company has recorded net profits of SAR 900,000 in 2021, compared to net losses of SAR 34.5 million in 2020TenarisSaudiSteelPipes is a leading manufacturer and supplier of electrically resistance welded steel pipes for the energy, industrial, and construction segments of the Middle East and North Africa. TenarisSaudiSteelPipes offers oil and gas customers a full range of products including Oil Country Tubular Goods, Line pipe, API and Premium Connections and related accessories and services. It also serves customers in the industrial and construction segment with a wide range of black and galvanized pipes. Its facilities are located in the Second Industrial City of Dammam, in addition to a commercial office in Riyadh, and a service and distribution network covering more than 20 countries. It manufactures welded OCTG, Line Pipe and pipes for construction and industrial applications: half inch to 20 inch with external coating FBE, 3LPE, 3LPP
Riyadh based Saudi Steel Pipe Company has achieved net profits after Zakar and tax of SAR 14.53 million in the first quarter of 2022, against net losses of SAR 8.48 million in the year-ago period. The company's revenues increased by 99.9% to SAR 184.08 million from SAR 92.08 million in the same quarter of 2022.Saudi Steel Pipe Company has recorded net profits of SAR 900,000 in 2021, compared to net losses of SAR 34.5 million in 2020TenarisSaudiSteelPipes is a leading manufacturer and supplier of electrically resistance welded steel pipes for the energy, industrial, and construction segments of the Middle East and North Africa. TenarisSaudiSteelPipes offers oil and gas customers a full range of products including Oil Country Tubular Goods, Line pipe, API and Premium Connections and related accessories and services. It also serves customers in the industrial and construction segment with a wide range of black and galvanized pipes. Its facilities are located in the Second Industrial City of Dammam, in addition to a commercial office in Riyadh, and a service and distribution network covering more than 20 countries. It manufactures welded OCTG, Line Pipe and pipes for construction and industrial applications: half inch to 20 inch with external coating FBE, 3LPE, 3LPP
