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Arabian Pipes Co. announces its Interim Financial results for the Period Ending on 2026-06-30 ( Six Months )

2200
APC
0.89 %
1448/02/23     06/08/2026 16:33:56

Element ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% Change
Sales/Revenue 159.84254.42-37.174194.57-17.849
Gross Profit (Loss) 24.7162.3-60.33736.89-33.017
Operational Profit (Loss) 12.5245.95-72.75225.26-50.435
Net Profit (Loss) Attributable to Shareholders of the Issuer 8.9934.43-73.88920.12-55.318
Total Comprehensive Income Attributable to Shareholders of the Issuer 8.9934.43-73.88920.12-55.318
All figures are in (Millions) Saudi Arabia, Riyals


Element ListCurrent PeriodSimilar period for previous year%Change
Sales/Revenue 354.41503.35-29.589
Gross Profit (Loss) 61.6125.96-51.095
Operational Profit (Loss) 37.7996.74-60.936
Net Profit (Loss) Attributable to Shareholders of the Issuer 29.1174.6-60.978
Total Comprehensive Income Attributable to Shareholders of the Issuer 29.1174.6-60.978
Total Shareholders Equity (after Deducting Minority Equity) 483.23453.426.574
Profit (Loss) per Share 0.150.37
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 SAR 159.84 million in Q2 2026, compared to SAR 254.42 million in Q2 2025 equivalent to a decrease of 37.17%. This is mainly due to the decrease in sales volume in Q2 2026 driven by geopolitical situations and supply chain disruptions challenges.
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 SAR 8.99 million in Q2 2026, compared to a net profit of SAR 34.43 million in Q2 2025 equivalent to a decrease of 73.89%. This decrease is primarily due to decreased in Gross profit 60.34% primarily due to geopolitical situations and supply chain disruptions challenges, which led to higher shipping costs, which impacting the Company net profit.
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 SAR 159.84 million in Q2 2026, compared to SAR 194.57 million in the previous quarter representing a decrease of 17.85%. This is due to the decrease in sales driven by geopolitical situations and supply chain disruptions challenges.
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 SAR 8.99 million in Q2 2026 compared to SAR 20.12 million in the previous quarter, representing a decrease of 55.32%. This was mainly due to the decrease in gross profit with 33% primarily due to geopolitical situations and supply chain disruptions challenges, which led to higher shipping costs, in addition to the changes in sales mix which impacting the Company net profit.
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 SAR 354.41 million in current period of 2026, compared to SAR 503.35 million in previous period of 2025 equivalent to a decrease of 29.59%. This is mainly due to the decrease in sales driven by geopolitical situations and supply chain disruptions challenges.
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 29.11 million in current period of 2026, compared to a net profit of SAR 74.60 million in previous period of 2025 equivalent to a decrease of 60.98%. This was mainly due to the decrease in gross profit with 51.10% primarily due to geopolitical situations and supply chain disruptions challenges, which led to higher shipping costs, in addition to the changes in sales mix which impacting the Company net profit.
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
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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 5.68
Net Change 0.05 (+0.89%)
Value Traded (Sar) 43,268,807.09
Volume Traded 7,515,505
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