Arabian Pipes Company reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was SAR 92.61 million compared to SAR 162.04 million a year ago. Net loss was SAR 16.83 million compared to SAR 3.45 million a year ago. Basic loss per share from continuing operations was SAR 1.68 compared to SAR 0.36 a year ago.
For the nine months, sales was SAR 346.03 million compared to SAR 273.86 million a year ago. Net loss was SAR 28.94 million compared to SAR 39.14 million a year ago. Basic loss per share from continuing operations was SAR 2.88 compared to SAR 3.92 a year ago.