Saudi Steel Pipes Company

Saudi Stock Exchange 1320.SR

Saudi Steel Pipes Company Current Liabilities for the year ending December 31, 2023: USD 247.07 M

Saudi Steel Pipes Company Current Liabilities is USD 247.07 M for the year ending December 31, 2023, a 186.75% change year over year. Current liabilities are obligations that are expected to be settled within one year, including accounts payable, short-term debt, and other current liabilities.
  • Saudi Steel Pipes Company Current Liabilities for the year ending December 31, 2022 was USD 86.16 M, a -11.88% change year over year.
  • Saudi Steel Pipes Company Current Liabilities for the year ending December 31, 2021 was USD 97.77 M, a -21.22% change year over year.
  • Saudi Steel Pipes Company Current Liabilities for the year ending December 31, 2020 was USD 124.11 M, a 6.49% change year over year.
  • Saudi Steel Pipes Company Current Liabilities for the year ending December 31, 2019 was USD 116.54 M, a 9.78% change year over year.
Key data
Date Current Liabilities Total Non-Current Liabilities Shareholders' Equity Long-Term Debt
Market news
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SV Wall Street
Saudi Stock Exchange: 1320.SR

Saudi Steel Pipes Company

CEO Mr. Renwar A. M. Berzinji
IPO Date March 4, 2010
Location Saudi Arabia
Headquarters 39th Street Second Industrial City
Employees 451
Sector Materials
Industries
Description

Saudi Steel Pipes Company manufactures and sells steel pipes in Saudi Arabia and internationally. It operates through Steel Pipe and Process Equipment segments. The Steel Pipe segment manufactures welded steel pipes by high frequency induction welding and galvanizing, coating, threading, and bending of the pipes used in oil and gas, water, and construction sectors. The Process Equipment segment designs, manufactures, assembles, and maintains heavy process equipment for the utilization of oil and gas, power generation, desalination, mining, solar energy, and offshore plants. The company manufactures black and galvanized steel pipes, ERW/HFI galvanized and threaded steel pipes and seamless pipes, pipes with three-layer external coating by polyethylene and polypropylene in different diameters, pipes with epoxy coating inside, bended pipes in different diameters, space frames, and submerged arc welded pipes, as well as stationary process equipment. It also wholesales iron and steel tubes and hollow shapes; ferrous and non-ferrous metal pipes and accessories; locks, hinges, and other hand tools and metal accessories; and construction and metal materials. Saudi Steel Pipes Company was incorporated in 1980 and is headquartered in Dammam, Saudi Arabia.

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StockViz Staff

January 31, 2025

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