Saudi Steel Pipes Company reported earnings results for the second quarter and six months ended June 30, 2025. For the second quarter, the company reported sales was SAR 336.4 million compared to SAR 472.4 million a year ago. Net income was SAR 70.83 million compared to SAR 51.76 million a year ago. Basic earnings per share from continuing operations was SAR 1.401 compared to SAR 1.023 a year ago. Diluted earnings per share from continuing operations was SAR 1.389 compared to SAR 1.014 a year ago.
For the six months, sales was SAR 790.32 million compared to SAR 987.34 million a year ago. Net income was SAR 121.06 million compared to SAR 107.87 million a year ago. Basic earnings per share from continuing operations was SAR 2.397 compared to SAR 2.133 a year ago. Diluted earnings per share from continuing operations was SAR 2.375 compared to SAR 2.114 a year ago.