Saudi Steel Pipes Company reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was SAR 1,334.71 million compared to SAR 747.62 million a year ago. Net income was SAR 173.05 million compared to SAR 54.21 million a year ago.

Basic earnings per share from continuing operations was SAR 3.428 compared to SAR 1.086 a year ago. Diluted earnings per share from continuing operations was SAR 3.397 compared to SAR 1.076 a year ago.