Company Saudi Steel Pipes Company

Equities

1320

SA12B050KK11

Iron & Steel

End-of-day quote Saudi Arabian S.E. 06:00:00 2024-04-17 pm EDT 5-day change 1st Jan Change
82.7 SAR +3.38% Intraday chart for Saudi Steel Pipes Company +15.66% +127.82%

Business Summary

Saudi Steel Pipes Co SJSC is a Saudi Arabia-based company, which is engaged in the steel pipes manufacturing sector in the Middle East and North Africa region. The Company operates through two segments: Steel Pipe Segment includes manufacturing of welded steel pipes by high frequency induction welding and galvanizing, coating, threading and bending of the pipes used in oil and gas, water and construction sectors, as well as Process Equipment Segment, which includes design, manufacture, assemble and maintain heavy process equipment for the utilization of oil and gas, power generation, desalination, mining, solar energy and offshore plants. Its product range includes black and galvanized steel pipes, ERW/HFI galvanized and threaded steel pipes, seamless pipes, pipes with three-layer external coating by polyethylene and polypropylene in different diameters, pipes with epoxy coating inside, bended pipes in different diameters, space frame and submerged arc welded pipes.

Sales per Business

SAR in Million2022Weight2023Weight Delta
Steel Pipes
100.0 %
748 100.0 % 1,335 100.0 % +78.53%

Sales per region

SAR in Million2022Weight2023Weight Delta
Saudi Arabia
75.7 %
378 50.6 % 1,010 75.7 % +167.26%
Other Countries
24.3 %
370 49.4 % 325 24.3 % -12.20%

Managers

Managers TitleAgeSince
Chief Executive Officer - 19-01-20
Director of Finance/CFO - 20-10-12
Chief Operating Officer - -
Director/Board Member - 19-01-20

Members of the board

Members of the board TitleAgeSince
Director/Board Member 54 16-06-06
Chief Executive Officer - 19-01-20
Director/Board Member - 19-01-20
Director/Board Member - 19-01-20
Director/Board Member - 19-06-06
Director/Board Member - 20-10-27
Director/Board Member - 22-06-06
Director/Board Member - 22-06-06
Chairman - 22-06-06

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 51,000,000 17,817,141 ( 34.94 %) 457,689 ( 0.8974 %) 34.94 %

Shareholders

NameEquities%Valuation
Tenaris Saudi Arabia Ltd.
47.79 %
24,374,430 47.79 % 446 M ﷼
8,350,740 16.37 % 153 M ﷼
Evli Fund Management Co. Ltd.
0.5882 %
300,000 0.5882 % 5 M ﷼
Russell Investments Ltd.
0.0378 %
19,257 0.0378 % 352 228 ﷼
Dimensional Fund Advisors Ltd.
0.007988 %
4,074 0.007988 % 74 517 ﷼
DFA Australia Ltd.
0.001963 %
1,001 0.001963 % 18 309 ﷼

Company contact information

Saudi Steel Pipe Co.

39th Street Second Industrial City

31463, Dammam

+

http://www.sspipe.com
address Saudi Steel Pipes Company(1320)

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
C-
More Ratings
Sell
Consensus
Buy
Mean consensus
UNDERPERFORM
Number of Analysts
2
Last Close Price
82.7 SAR
Average target price
35.7 SAR
Spread / Average Target
-56.83%
Consensus

Quarterly revenue - Rate of surprise

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