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Arabian Pipes Co. announces its Interim Financial results for the Period Ending on 2025-03-31 ( Three Months )

2200
APC
4.58 %
1446/11/09     07/05/2025 08:02:52

Element ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% Change
Sales/Revenue 248.93311.15-19.996167.9948.181
Gross Profit (Loss) 63.6697.67-34.82138.9463.482
Operational Profit (Loss) 50.870.67-28.11639.3329.163
Net profit (Loss) 40.1754.79-26.68312.46222.391
Total Comprehensive Income 40.1754.79-26.68312.48221.875
All figures are in (Millions) Saudi Arabia, Riyals


Element ListCurrent PeriodSimilar period for previous year%Change
Total Shareholders Equity (after Deducting Minority Equity) 441.49287.9153.343
Profit (Loss) per Share 0.270.37
All figures are in (Millions) Saudi Arabia, Riyals


Element ListAmountPercentage 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 ListExplanation
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 248.93 million in Q1 2025, compared to SAR 311.15 million in Q1 2024 equivalent to a decrease of 20%. This is primarily attributed to a 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 40.17 million in Q1 2025, compared to a net profit of SAR 54.79 million in Q1 2024 equivalent to a decrease of 26.68%. This decrease is primarily due to:

- Gross profit decreased to SAR 63.66 million in Q1 2025, compared to SAR 97.67 million in Q1 2024 a decrease of 34.82%, primarily due a 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 248.93 million in Q1 2025, compared to SAR 167.99 million in the previous quarter (Q4 2024) representing an increase of 48.18%. This is due to the increase in sales volume, improvement in the sales mix, and changes in supply schedules.
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 40.17 million in Q1 2025 compared to SAR 12.46 million in the previous quarter (Q4 2024), representing an increase of 222.53%. This was mainly due to higher gross profit, which reached SAR 63.66 million in Q1 2025 versus SAR 38.94 million in Q4 2024, an increase of 63.46%. This is due to the increase in sales volume, improvement in the sales mix, and changes in 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  

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.

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Last Price 5.71
Net Change 0.25 (+4.58%)
Value Traded (Sar) 43,539,388.5
Volume Traded 7,674,609
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