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معلومات مباشر
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معلومات مباشر

2026-11-05T07:09:51.415Z

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Saudi Pipes Q1 Profit 27m

Saudi Pipes Q1 Profit 27m

The article reported that Saudi Pipe Company achieved a net profit of SAR 27 million in the third quarter of 2026, up 3.85% from the same period, while revenue rose 9.1% to SAR 263 million. The company attributed profit growth to an improved sales mix, higher sales, and lower financing costs, despite a decline in other income and an increase in zakat and income tax expenses. The headline refers to the first quarter, whereas the article attributes the results to the third quarter.

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