Riyadh - Mubasher: Saudi Steel Pipe Company registered SAR 192 million in net profits attributable to shareholders during 2025, which reflected an annual growth of 6.08% from SAR 181 million.
The earnings per share (EPS) hit SAR 3.79 in the January-December 2025 period, compared with SAR 3.57 a year earlier, according to the financial results.
Meanwhile, the revenues decreased by 13.37% to SAR 1.41 billion last year from SAR 1.63 billion in 2024.
In January 2026, Global Pipe, a subsidiary of Saudi Steel Pipe Company, inked a SAR 300 million agreement with Subsea Seven Saudi Company (SS7).
