Saudi Arabia’s Arabian Pipes Company (APC) reported a 34.3pct YoY decline in net profit for 2025, according to a stock exchange filing.
The company’s net profit fell to SAR 110.47 mln (USD 29.4 mln) from SAR 168.18 mln in 2024, while revenue decreased 23.2pct YoY to SAR 874.06 mln (USD 233 mln).
The company said it remained profitable despite sector challenges, including weaker fourth-quarter sales and changes in supply schedules. APC added that it continues to focus on improving operational efficiency and refining its sales strategies to support growth and sustain performance in the coming periods.
APC, a manufacturer specializing in ERW pipes and LSAW pipes, boasts an annual production capacity of 160,000 tons and 300,000 tons for ERW and LSAW pipes, respectively. The ERW pipes come in sizes ranging from 6 to 20 inches, while LSAW pipes are available in sizes from 16 to 48 inches. The company operates two factories located in Riyadh and Jubail.
1 USD / 3.75 SAR
