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25/08/2012 15:15 AST
Saudi Steel Pipes (SSP) announced on Saturday, August 25th 2012, winning four contracts to supply welded steel pipes to Saudi Aramco, at a total value of more than SR 215.8 million.
SSP is one of the few companies in the world certified by Saudi Aramco to produce this type of pipes used in oil and gas wells.
The company successfully won these contracts despite fierce competition from other international companies, which confirms the commitment to quality and competitive pricing of SSP's products.
The pipes will be produced throughout 4th qtr 2012 and 1st qtr 2013, in SSP's factory in the 2nd Industrial City, Dammam, as per Aramco's international standard specifications; whereas the raw materials will be supplied locally by HADEED Co. (SABIC). The financial impact is expected to reflect positively on the 1st and 2nd quarters of 2013 financials.
Gulfbase.com
17/04/2013
Saudi Steel Pipe's net income for the first quarter increased to SR 23.10 million, which is 26.1 percent higher than the same period last year of SR 18.32 million.
The company said the Q1 n
Arab News
16/01/2013
SAUDI STEEL PIPE COMPANY ANNOUNCES ITS INTERIM FINANCIAL RESULTS FOR THE PERIOD ENDED DECEMBER 31, 2012 (TWELVE MONTHS).
1) Net income for the fourth quarter increased to SR 14 million whi
Tadawul
21/07/2012
Saudi Steel Pipe net income for the second quarter decreased to SR12.38 million, lower than the same period last year of SR21.34 million and decreased again compared to Q1 2012 of SR18.32 million. <
Saudi Gazette
| Ticker | Price | Change |
|---|---|---|
| SABIC | 73.10 | 0.40 (0.55 |
| MAADEN | 53.60 | 2.20 (4.28 |
| SABICAGRINUTRIENTS | 118.00 | 1.80 (1.54 |
| MARBLEDESIGN | 83.50 | 0.00 (0.00 |
| LIMEINDUSTRIES | 12.18 | 0.38 (3.22 |
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