Saudi Steel Pipes Company reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was SAR 747.62 million compared to SAR 373.48 million a year ago. Net income was SAR 54.21 million compared to SAR 0.931645 million a year ago.

Basic earnings per share from continuing operations was SAR 1.086 compared to basic loss per share from continuing operations of SAR 0.356 a year ago. Diluted earnings per share from continuing operations was SAR 1.076.