Saudi Steel Pipes Company (1320.SR)

SAR 67.3

(-0.88%)

Market Cap (In SAR)

3.4 Billion

Revenue (In SAR)

1.33 Billion

Net Income (In SAR)

173.05 Million

Avg. Volume

677.28 Thousand

Currency
SAR
Country
Basic Materials
Open
-
Prev. Close
-
Day Range
-
Year Range
0.0-94.0
PE
-
EPS
-
Beta Value
0.9
ISIN
SA12B050KK11
CUSIP
-
CIK
-
Shares
-
Earnings Annoncement
-

Company Profile

Sector
Basic Materials
Industry
Steel
CEO
Renwar Berzinji
Employee Count
-
Website
https://www.sspipe.com
Ipo Date
2010-03-04
Details
Saudi Steel Pipes Company manufactures and sells steel pipes in Saudi Arabia and internationally. It operates through Steel Pipe and Process Equipment segments. The Steel Pipe segment manufactures welded steel pipes by high frequency induction welding and galvanizing, coating, threading, and bending of the pipes used in oil and gas, water, and construction sectors. The Process Equipment segment designs, manufactures, assembles, and maintains heavy process equipment for the utilization of oil and gas, power generation, desalination, mining, solar energy, and offshore plants. The company manufactures black and galvanized steel pipes, ERW/HFI galvanized and threaded steel pipes and seamless pipes, pipes with three-layer external coating by polyethylene and polypropylene in different diameters, pipes with epoxy coating inside, bended pipes in different diameters, space frames, and submerged arc welded pipes, as well as stationary process equipment. It also wholesales iron and steel tubes and hollow shapes; ferrous and non-ferrous metal pipes and accessories; locks, hinges, and other hand tools and metal accessories; and construction and metal materials. Saudi Steel Pipes Company was incorporated in 1980 and is headquartered in Dammam, Saudi Arabia.