The Saudi Arabian Amiantit Company

Saudi Stock Exchange 2160.SR

The Saudi Arabian Amiantit Company Gross Profit for the year ending December 31, 2023: USD 23.63 M

The Saudi Arabian Amiantit Company Gross Profit is USD 23.63 M for the year ending December 31, 2023, a 49.04% change year over year. Gross profit is the difference between revenue and the cost of revenue, representing the profit earned from core business operations.
  • The Saudi Arabian Amiantit Company Gross Profit for the year ending December 31, 2022 was USD 15.86 M, a 177.88% change year over year.
  • The Saudi Arabian Amiantit Company Gross Profit for the year ending December 31, 2021 was USD -20.36 M, a -17.42% change year over year.
  • The Saudi Arabian Amiantit Company Gross Profit for the year ending December 31, 2020 was USD -17.34 M, a 55.54% change year over year.
  • The Saudi Arabian Amiantit Company Gross Profit for the year ending December 31, 2019 was USD -39.00 M, a -252.44% change year over year.
Key data
Date Gross Profit Operating Income EBIT EBITDA
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Saudi Stock Exchange: 2160.SR

The Saudi Arabian Amiantit Company

CEO Mr. Feras Bin Ghassab Al-Harbi
IPO Date March 4, 2010
Location Saudi Arabia
Headquarters Building No. 101
Employees 1,179
Sector Energy
Industries
Description

The Saudi Arabian Amiantit Company, together with its subsidiaries, manufactures and sells various types of pipes and related products in Saudi Arabia, Europe, and internationally. The company operates in two segments, Pipe Manufacturing and Technology, and Water Management. It offers pipe system products, including glass reinforced polyester, glass reinforced vinylester, glass reinforced epoxy, and ductile iron pipes; and develops and licenses related technologies. The company also manufactures and sells underground and aboveground tanks, such as water tanks, chemical tanks, septic tanks, and fuel tanks for residential and industrial applications; and supplies ribbed and non-ribbed, and single wall and double wall tanks, as well as installs underground and aboveground tanks. In addition, it provides rubber rings and gaskets for the use in pipes and fittings; grommets and bushes for anti-vibration isolation and compression mounting in A/C systems; duct sealing units for use in air condition ducts; insulation tubes and sheets for thermal insulation in refrigeration, heating, ventilation, and air conditioning applications; and industrial valves for water applications. Further, the company offers manholes for the inspection and maintenance, ventilation, cleaning, and flushing of drains or sewers, as well as for housing of pumping stations and inlet drain pits; and fiberglass products, which are used in pipe and tank, transportation, construction, marine, electrical/electronic, wind energy, consumer goods, aerospace, etc. applications. Additionally, it provides water management, and related consultancy and engineering services. The company serves customers in the municipal and urban development, industrial, oil and gas, water transmission and distribution, and water well industries. The Saudi Arabian Amiantit Company was incorporated in 1968 and is headquartered in Dammam, Saudi Arabia.

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StockViz Staff

January 15, 2025

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