Saudi Steel Pipes Company reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was SAR 184.08 million compared to SAR 92.08 million a year ago. Net income was SAR 14.53 million compared to net loss of SAR 8.48 million a year ago. Basic earnings per share from continuing operations was SAR 0.285 compared to basic loss per share from continuing operations of SAR 0.189 a year ago. Diluted earnings per share from continuing operations was SAR 0.283.