Arabian Pipes Co. announces its Interim Financial results for the Period Ending on 2025-06-30 ( Six Months )
| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 254.42 | 345.92 | -26.451 | 248.93 | 2.205 |
| Gross Profit (Loss) | 62.3 | 88.11 | -29.292 | 63.65 | -2.12 |
| Operational Profit (Loss) | 45.95 | 73.94 | -37.855 | 50.8 | -9.547 |
| Net profit (Loss) | 34.43 | 57.05 | -39.649 | 40.17 | -14.289 |
| Total Comprehensive Income | 34.43 | 57.05 | -39.649 | 40.17 | -14.289 |
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Sales/Revenue | 503.35 | 657.08 | -23.395 |
| Gross Profit (Loss) | 125.96 | 185.77 | -32.195 |
| Operational Profit (Loss) | 96.74 | 144.6 | -33.098 |
| Net profit (Loss) | 74.6 | 111.83 | -33.291 |
| Total Comprehensive Income | 74.6 | 111.83 | -33.291 |
| Total Shareholders Equity (after Deducting Minority Equity) | 453.42 | 344.95 | 31.445 |
| Profit (Loss) per Share | 0.37 | 0.56 | |
| All figures are in (Millions) Saudi Arabia, Riyals | |||
| Element List | Amount | Percentage of the capital (%) | |
|---|---|---|---|
| Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value | - | - | |
| Accumulated Losses | - | - | |
| All figures are in (Millions) Saudi Arabia, Riyals | |||
| Element List | Explanation |
|---|---|
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is | The company recorded revenues amounting to SAR 254.42 million in Q2 2025, compared to SAR 345.92 million in Q2 2024 equivalent to a decrease of 26.45%. This is mainly due to the decrease in sales volume. |
| The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is | The company net profit recorded amounting to SAR 34.43 million in Q2 2025, compared to a net profit of SAR 57.05 million in Q2 2024 equivalent to a decrease of 39.64%. This decrease is primarily due to:
* Gross profit decreased to SAR 62.30 million in Q2 2025, compared to SAR 88.11 million in Q2 2024 a decrease of 29.28%, primarily due to the decrease in sales volume. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | The company Revenue recorded amounting to SAR 254.42 million in Q2 2025, compared to SAR 248.93 million in the previous quarter (Q1 2025) representing an increase of 2.20%. This is due to the increase in sales volume. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | The company Net profit recorded amounting to SAR 34.43 million in Q2 2025 compared to SAR 40.17 million in the previous quarter (Q1 2025), representing a decrease of 14.29%. This was mainly due to:
*Decrease in gross profit, which decreased to SAR 62.30 million in Q2 2025 versus SAR 63.65 million in Q1 2025, decrease of 2.12%. This is due to changes in sales mix. |
| The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is | The company recorded revenues amounting to SAR 503.35 million in current period of 2025, compared to SAR 657.08 million in previous period of 2024 equivalent to a decrease of 23.40%. This is mainly due to the decrease in sales volume. |
| The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is | The company net profit recorded amounting to SAR 74.60 million in current period of 2025, compared to a net profit of SAR 111.83 million in previous period of 2024 equivalent to a decrease of 33.29%. This decrease is primarily due to:
*Decrease in Gross profit to SAR 125.96 million in current period of 2025, compared to SAR 185.77 million in previous period of 2024 a decrease of 32.20%. Due to changes in the sales mix and supply schedules. |
| Statement of the type of external auditor's report | Unmodified conclusion |
| Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion) | Nothing |
| Reclassification of Comparison Items | Nothing |
| Additional Information | Attachment |
| Attached Documents |  |
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