Saudi Steel Pipes Company SJSC operates in the Steel pipe and tubes sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Saudi Steel Pipes Company SJSC with three other
steel companies in Middle East:
Misr National Steel
sales of 2.23 billion Egyptian Pounds [US$138.28 million]
Arabian Pipes Company SJSC
(741.09 million Saudi Arabian Riyals [US$197.57 million]
of which 100%
was Produces Steel Pipe), and
Gaon Group Ltd
based in ISRAEL
(517.64 million Israel Shekels [US$150.00 million]
Saudi Steel Pipes Company SJSC reported sales of 671.55 million Saudi Arabian Riyals (US$179.04 million)
December of 2019.
increase of 3.9%
versus 2018, when the company's sales were 646.20 million Saudi Arabian Riyals.
Despite this increase, sales are still
below the level achieved in 2017, when Saudi Steel Pipes Company SJSC
reported sales of 696.42 million Saudi Arabian Riyals.
Sales of Process Equipment saw an increase
that was more than double the company's growth rate: sales were up
52.2% in 2019, from
58.46 million Saudi Arabian Riyals to 89.00 million Saudi Arabian Riyals.
Not all segments of Saudi Steel Pipes Company SJSC experienced an increase in sales in 2019:
sales of Steel Pipes fell 0.9% to 582.55 million Saudi Arabian Riyals.