Saudi Steel Pipes Company (1320.SR) — Income statement
Revenue, gross profit, operating income, net income, and EPS for Saudi Steel Pipes Company — annual and quarterly.
| Metric (SAR Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 1,412↓13.4% | 1,630↑22.1% | 1,335↑78.5% | 748↑100.2% | 373 | |
| Cost of Revenue | 1,066↓13.4% | 1,231↑17.1% | 1,051↑64.2% | 640↑85.0% | 346 | |
| Gross Profit | 342↓14.3% | 399↑40.8% | 283↑164.4% | 107↑292.0% | 27 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 18↓66.9% | 56↑413.0% | 11↑84.8% | 6↑9.7% | 5 | |
| Selling & Marketing Expenses | 37↓14.1% | 43↑124.3% | 19↑81.4% | 11↑119.9% | 5 | |
| SG&A Expenses | 55↓43.9% | 99↑228.7% | 30↑82.6% | 16↑61.8% | 10 | |
| Other Expenses | 43↑708.7% | -7↓125.1% | 28↑17.8% | 24↓7.3% | 26 | |
| Operating Expenses | 98↑7.3% | 92↑57.5% | 58↑44.2% | 40↑12.2% | 36 | |
| Total Costs & Expenses | 1,169↓11.6% | 1,323↑19.2% | 1,109↑63.0% | 681↑78.2% | 382 | |
| Operating Results | ||||||
| Operating Income | 243↓20.8% | 307↑36.4% | 225↑224.0% | 70↑763.0% | -10 | |
| Depreciation & Amortization | 83↑10.0% | 75↑33.9% | 56↑32.8% | 42↓5.7% | 45 | |
| EBITDA | 326↓14.7% | 383↑21.6% | 315↑180.5% | 112↑220.9% | 35 | |
| EBIT | 243↓20.8% | 307↑19.5% | 257↑268.6% | 70↑762.5% | -11 | |
| Interest & Other Income | ||||||
| Net Interest Income | -31↑1.8% | -31↑9.2% | -35↓150.3% | -14↓99.7% | -7 | |
| Interest Income | 4↑220.4% | 1↓47.2% | 2↑973.2% | 0.22↓59.7% | 0.55 | |
| Interest Expense | 35↑6.7% | 33↓11.6% | 37↑233.9% | 11↑57.6% | 7 | |
| Non-Operating Income | 0.00↓100.0% | 0.10↑100.3% | -32↓14238.4% | -0.22↓104.3% | 5 | |
| Other Income / Expenses | 37↑187.6% | -42↓5069.8% | -0.81↑82.6% | -5↑61.8% | -12 | |
| Income Before Tax | 280↑5.4% | 266↑18.3% | 224↑245.9% | 65↑469.6% | -18 | |
| Income Tax Expense | 17↑9.3% | 15↑120.3% | 7↓30.4% | 10↑2190.0% | 0.44 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 263↑5.2% | 250↑15.1% | 217↑296.2% | 55↑405.1% | -18 | |
| Net Income from Discontinued Operations | 0.00↓100.0% | 0.09↑145.6% | -0.20↑70.7% | -0.68↓103.6% | 19 | |
| Net Income | 192↑6.3% | 181↑4.4% | 173↑219.3% | 54↑401.3% | -18 | |
| Bottom-Line Net Income | 192↑6.3% | 181↑4.3% | 173↑219.3% | 54↑5718.3% | 0.93 | |
| EPS (Basic) | 3.79↑6.2% | 3.57↑4.4% | 3.42↑219.6% | 1.07↑397.2% | -0.36 | |
| EPS (Diluted) | 3.79↑7.1% | 3.54↑4.4% | 3.39↑219.8% | 1.06↑402.9% | -0.35 | |
| Weighted Average Shares | 51↓0.7% | 51↑1.0% | 51↑0.0% | 51↑0.0% | 51 | |
| Weighted Average Diluted Shares | 51↓0.7% | 51↑0.0% | 51↑0.0% | 51↑0.0% | 51 | |
* All figures in Millions of SAR, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.