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Saudi Steel Pipe Company JSC (Saudi Arabia)

Main Activities: Iron and Steel Mills and Ferroalloy Manufacturing
Full name: Saudi Steel Pipe Company JSC Profile Updated: February 07, 2021
Buy our report for this company USD 29.95 Most recent financial data: 2019 Available in: English & Arabic Download a sample report

Saudi Steel Pipe Company was incorporated in 1980. The company is specialized in the production of black and galvanized steel pipes, water pipelines, oil well casing, water well casing, chilled water systems, fire fighting systems, pump column pipes, piling, industrial frames. The company's pipes are produced according to the highest quality standards of American Petroleum Institute. Saudi Steel Pipe Company provides also high precision bending services of pipes and shapes with high frequency induction electric power. The company operates its own 4" HFI Mill, 8" HFI Tube Mill, 20" HFI Mill, hot induction bends mill and a galvanization line.

Legal Address
39th St. Second Industrial City,P.O. Box: 11680
Dammam; Eastern Province; Postal Code: 31463

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Website: http://www.sspipe.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1980
Key Executives
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Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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47.79%
Subsidiaries
Titanium and Steel Manufacturing Company Limited (“TSM Arabia”)
100%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency SAR. Absolute financial data is included in the purchased report.
Net sales revenue
-31.74%
Total operating revenue
-31.54%
Operating profit (EBIT)
-97.91%
EBITDA
-67.06%
Net Profit (Loss) for the Period
-46.96%
Total assets
2.78%
Total equity
-7.75%
Operating Profit Margin (ROS)
-5.04%
Net Profit Margin
-5.37%
Return on Equity (ROE)
-2.66%
Debt to Equity Ratio
20.2%
Quick Ratio
-0.09%
Cash Ratio
0.07%

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