26
May
07:25
Saudi's East Pipes revenue surges, swings to profit
Dammam-based East Pipes Integrated Company more than doubled its revenue and swung to profit with a significant performance in the fiscal year ending 31 March 2023 (FY23).
The company reported a 140.8% on-year spike in revenue to SAR 1.43 billion ($383.6 million) from SAR 597.4m the previous year. In the 12 months through March, it clocked up a net profit of SAR 99.9m versus a net loss of SAR 3.24m in the same period last year, according t…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous