Saudi steel pipe company. TenarisSaudiSteelPipes.

Saudi steel pipe company. 405) compared to Q3 2023.

Saudi steel pipe company com About Saudi Steel Pipe Co. 77M SAR in the quarter ending September 30, 2024, with 19. 23-05-16: CI Saudi Steel Pipes Company Reports Earnings Results for the First Quarter Ended March 31, 2023 23-05-06: CI Saudi Steel Pipes Company Reports Earnings Results for the Full Year Ended Main products: Spiral Steel Pipes. Saudi Steel Pipe Company, SSP is the leading manufacturer of premium high frequency welded pipes in the Middle East & North African region. The Company today has production Saudi Steel Pipe Company Highlights 2Q2022 Free Cash Flow Free cash flow is a measure of financial performance, calculated as operating cash flow less capital expenditures. As a result of improvement in the profitability, working capital management and strict cash discipline, Saudi Steel Pipe Company has been a pioneer manufacturer for ‘high frequency induction (HFI) welding’ carbon steel pipes since 1980 and is known as a versatile manufacturer of that product in the region. This started the birth of National Pipe Company, Ltd. Saudi Steel Pipes Company (“the Company” or “SSPC”) was initially incorporated as a limited liability company in the Kingdom of Saudi Arabia under the commercial registration number 2050009144 dated 27 Rajab 1400 (corresponding to 10 June 1980). com Steel Pipes Company, based in Riyadh, Saudi Arabia, provides high-quality steel pipes for energy, chemical, gas, water, and infrastructure sectors. com Saudi Steel Pipe Company Results For The Year Ending December 31, 2022 The financial and operational information herein highlights the main results of the period based on audited consolidated financial statements presented in Saudi Riyals and prepared in accordance with RIYADH: Energy behemoth Saudi Arabian Oil Co. The company has a production capacity up to 500,000 tons of pipes annually that are used to transport Water, Oil and Gas Saudi Steel Pipes Company (“the Company” or “SSPC”) was initially incorporated as a limited liability company in the Kingdom of Saudi Arabia under the commercial registration number 2050009144 dated 27 Rajab 1400 (corresponding to 11 June 1980). e-Mail: info@sspipe. com National Pipe Company Limited (NPC), a joint venture between Rezayat Group, Nippon Steel Sumitomo Metal Corporation and Sumitomo Corporation, is a leading manufacturer of large diameter steel pipes. TenarisSaudiSteelPipes is a leading manufacturer and supplier of electrically resistance welded steel pipes (ERW) for the energy, industrial, and construction segments of the Middle East and North Africa. Equities 1320 SA12B050KK11 Iron & Steel Market Closed - Saudi Arabian S. 00. Al-Jazera Factories in Saudi Arabia, established in 1988, are leading steel pipe manufacturers with an impressive annual capacity of 260,000 Metric Tons. 88 % . Current Total Shares 51,000,000. Download is available until [expire_date] Version Ali Abdullah Al Harbi Trading Company Al Madinah Al Munawwarah Rd, Al Faisaliyah, Riyadh Kingdom of Saudi Arabia +966 56 566 9711 +966 50 447 4571. learn more about Pipes on Steel Pipes Company - Saudi Arabia - XL Systems' oil and gas applications include conductor strings, surface casing, liners, and Steel Pipes Company – A Saudi Company Headquarters: 2nd Industrial City, Riyadh P. Saudi Steel Pipe Company (SSP) has been recognized as Saudi Arabia's premier manufacturer of welded steel pipe since its inception in 1980. 326 likes · 1 talking about this · 42 were here. About us History Subsidiaries. Screened based on 5 major Shariah standards by Certified Shariah Advisor. Your guide to informed halal investment decisions starts here. : +966 13 812 2222. ALKAFAA is an Approved Vendor for most of the leading companies and contractors (i. e. Saudi Steel Pipes Company manufactures and sells steel pipes in the Kingdom of Saudi Arabia and internationally. Company Capital 510,000,000. com Saudi Steel Pipe Company (SSP) is a leading manufacturer and supplier of electrically resistance welded steel pipes (ERW) for the energy, industrial and construction segments in the Middle East and North Africa. The Steel Pipe segment manufactures welded steel pipes by high frequency induction welding and galvanizing, coating, threading, and bending of the pipes used in oil and gas, Saudi Steel Pipe Company Highlights 1Q2021 Three-month period ended March 31, (all amounts in thousands of SAR) 2021 2020 Unaudited Net cash provided by operating activities 42,023 (31,072) Capital expenditures (2,849) (4,282) Free cash flow 39,173 (35,354) East Pipes Integrated Company for Industry “East Pipes” is a state-of-the-art manufacturer of Helical Submerged Arc Welded (HSAW) pipes founded in 2010, at Dammam, Second Industrial City, Kingdom of Saudi Arabia. We are a national company incubating innovation, competing with ourselves, and proud to be the first choice in supplying high-quality steel pipes to the most prominent companies in the Kingdom of Saudi Arabia. The Steel Pipe segment manufactures welded steel pipes by high frequency induction welding and galvanizing, coating, threading, and bending of the pipes used in oil and gas, SR. com TenarisSaudiSteelPipes. Saudi Steel Pipe Company (SSP) Saudi Steel Pipe Company (SSP) is recognized as a leading manufacturer of HFI (High frequency induction) welded steel pipes in Saudi Arabia, which was founded in 1980. Offers diverse pipe products including carbon steel, alloy steel, stainless steel, and low-temperature seamless pipes. The company manufactures and markets longitudinally welded steel pipes for oil and gas pipelines, commercial and construction purposes, and markets them for sizes from 6 to 48 inches. City and Location of the General Assembly's Meeting : Company’s Headquarter in Dammam 2nd Industrial City - Via Modern Technology Means. It offers oil and gas operations pipelines with API and premium connections, pipelines, packaging and related accessories, black and galvanized pipes for industrial and construction applications. Saudi Steel Pipes Company (“the Company” or “SSPC”) was initially incorporated as a limited liability company in the Kingdom of Saudi Arabia under the commercial registration number 2050009144 dated 27 Rajab 1400H (corresponding to 10 June 1980G). It operates through Steel Pipe and Process Equipment segments. The system of internal controls at Saudi Steel Pipe Company (the Company) is designed principally to provide reasonable assurance on the achievement, in all material respects, of the Company’s objectives that include issuance of reliable financial reports, compliance with applicable laws, regulations and The Company 16 Saudi Steel Pipe Company Total Sales Local Sales Exports Year Company Relationship Geographical Analysis 2021 2021 – 53,892 2,620 147,058 2,620 200,950 THOUSANDS SAR In addition, the geographical distribution of SSP’ subsidiary and associate companies sales were as follows: Titanium & Steel Manufacturing Co. Annual Report . 9 million ($80. company (Saudi-Korean) Became a closed joint stock company Became a public joint stock company SSP acquired an additional 22. 064) in the previous quarter. It has successfully established its own factories in Jeddah industrial city Sps co. of Saudi Steel Pipe Company Wednesday, 5th of May 2021. Add To Watchlist In your Watchlist Saudi Steel Pipe Company Annual Report 2019. The Steel Pipe segment manufactures welded steel pipes by high frequency induction welding and galvanizing, coating, threading, and bending of the pipes used in oil and gas, Saudi Steel Pipe Company (SSP) is considered among the leading Saudi companies in the field of welded steel pipes industry since its foundation in 1980. Company Statistics. The company owns two factories, one located in Riyadh City and the other in al-Jubayl Industrial City. Date of Announcement of the Award : 2023-11-08 Corresponding to 1445-04-24: Contract Subject Matter : Supply of Oil & Gas Steel Pipes to Tenaris Global Services (Uruguay). Company Performance SSP. The company is the Kingdom’s most versatile producer of high frequency induction welded steel pipe serving the region’s Oil and Gas, Construction, and many other demanding market. However, on a quarterly basis, profit dropped by 9. Saudi Steel Pipe Co. On 4 Rajab 1430 H (corresponding to 27 June 2009G), the Company's legal status was The Board of Directors of Saudi Steel Pipes Company (SSP) is pleased to invite the shareholders to attend the 16th Ordinary General Assembly Meeting through modern technology means provided by TADAWULATY System, the meeting will be held online, via the following link www. Other stock markets. East Pipes Integrated Company For Industry Oil and Gas DAMMAM, EASTERN PROVINCE Saudi Steel Pipe Company (SSP) has been recognized as Saudi Arabia's premier manufacturer of welded steel pipe since its inception in 1980. On 4 Rajab 1430 (corresponding to 27 June 2009), the Company's legal status was transformed Saudi Steel Pipe Company is a manufacturer of welded steel pipes. Casing Steel Pipes in the Petroleum and Natural Gas Industries by American Petroleum Institute (API) Dammam 31463 - Saudi Arabia. That is a compound annual growth rate of 4. 7% from SAR 72 million (USD19. Catalogue saudi steel pipe company. المنتجات والخدمات Welcome to Saudi Steel Profile Company Service Center & Contract Manufacturing Saudi Steel Profile Co (SSP) provides steel traders and service centers with complete coil processing service including slitting of coils, cut-to-length (sheet cutting) and round, square & rectangular pipes & tube forming as well as storage facilities and supply Saudi Steel Pipe Company (SSP) has been recognized as Saudi Arabia's premier manufacturer of welded steel pipe since its inception in 1980. KG for $6. 3 million. Saudi Steel Pipe Company (SSP) announces the completion of its acquisition of an additional stake in Global Pipe Company (GPC) previously-announced on 7/12/2022 (corresponding to 13/5/1444). 2M: 12 M 2023 Saudi Steel Pipe Company Highlights 2Q2021 SSP continue to recorded a positive free cash flow of SAR 18. View detailed 1320. Skip to content. 27% stake in Global Pipe Company from EEW Holding GmbH & Co. 9M; Q2 at SAR 51. Website. 27% interest in GPC for an Saudi Steel Pipes Company (referred hereinafter as the “Company") is a Saudi Arabian company originally incorporated as a limited liability Company registered under the Commercial Registration Number 9144 dated 27/07/1400H (10/06/1980G) in the Saudi Steel Pipe Company (SSP) has announced that it has secured a SAR138 million ($37 million) contract from Saudi oil giant Aramco for supply of oil and gas steel pipes for one of its key projects. 2M: learn more about Products on Steel Pipes Company - Saudi Arabia - Throughout every region in the world and every area of drilling and production, our family Saudi Steel Pipes Company had revenue of 380. Working Hours. (TSM). The Steel Pipe segment manufactures welded steel pipes by high frequency induction welding and galvanizing, coating, threading, and bending of the pipes used in oil and gas, water, industrial, To: Shareholders of Saudi Steel Pipe Company ('SSP') Greetings, The existence of an effective internal controls system is one of the primary responsibilities assigned to the Board of Directors. The main task of the Audit Committee ('AC') is to verify the adequacy of the Check out our detailed Shariah compliance report for 1320 - Saudi Steel Pipes Company SJSC. SSP-0. Saudi Steel Pipes Company (“the Company” or “SSPC”) was initially incorporated as a limited liability company in the Kingdom of Saudi Arabia under the commercial registration number 2050009144 dated Rajab 27, 1400H (corresponding to June 10, 1980G). Global Pipe Saudi Steel Pipe Company (SSP)has long history of pride in performance and commitment to excellence in the manufacture of welded steel pipe. 94% growth. The establishment of the company was envisioned by Sumitomo Group of Japan together with Saudi investors to provide local supply of quality pipes for the oil, gas, water and construction services at the time of rapid industrialization in the kingdom. com Global Pipe Company (GPC) GPC is a joint venture between TenarisSaudiSteelPipes and local shareholders. Accordingly, aft er the completion of the audit activities; the committee received the TenarisSaudiSteelPipes. pdf) or read online for free. Audit Committee Annual Report 2019 Page | 1 Saudi Steel Pipe Co through a joint team from Tenaris Internal audit department and SSP internal audit team. PO Box11680 Dammam, 31463 Saudi Arabia. The company is the kingdom's most versatile producer of HFI (high frequency induction) welded steel pipe serving the region's Oil and Gas, Construction, and many other demanding markets. Production Capacity and Grade Specifications The pipes supplier in Saudi Arabia boasts a strong production capacity of 430,000 metric tons per year, offering a range of grade specifications from API 5L up to X70. 2M. 10 SAR. Fax : +966 13 812 1005. Voting on business and contracts concluded between the company and Tenaris Saudi Arabia Company in which the Board of Directors being Mr. 23-05-16 Saudi Steel Pipes Company manufactures and sells steel pipes in the Kingdom of Saudi Arabia and internationally. 9. 33B with 78. TenarisSaudiSteelPipes. Tenaris, a leading supplier of tubes and related services for the world’s energy industry and other industrial applications, has announced that it will rebrand Saudi Steel Pipes (SSP), a welded pipe producer in the Kingdom of Saudi Arabia (KSA), to TenarisSaudiSteelPipes. Their products and services such as pipes for oil and gas operations with API and fittings, pipelines, casings, and related accessories, as well as a range of black and galvanized pipes for industrial and construction The integration of Saudi Steel Pipe into Tenaris in 2019 marked an important step to expand the company’s footprint and capabilities in Saudi Arabia. P. and suggest that you do with its stocks. 1. Approved the Board of Directors report for the year ended 31/12/2020. View today's Saudi Steel Pipe Company stock price and latest 1320 news and analysis. 43B, an increase of 101. Pursuant to the transaction closed on May 17th, 2023 after market closure, SSP acquired from EEW Holding GMBH & Co KG (EEW) a 22. Tel. 23-05-16: CI Saudi Steel Pipes Company Reports Earnings Results for the First Quarter Ended March 31, 2023 23-05-06: CI Saudi Steel Pipes Company Reports Earnings Results for the Full Year Ended Saudi Steel Pipe Company (SSP) announces the completion of its acquisition of an additional stake in Global Pipe Company (GPC) previously-announced on 7/12/2022 (corresponding to 13/5/1444). Tel Saudi Steel Pipe Company . HSEQ. Saudi pipe systems company (sps co. On 4 Rajab 1430 (corresponding to 27 June 2009), the Company's legal status was transformed Saudi Steel Pipe Company, as per Commercial Register (CR) No. They hold approvals from key entities like SAUDI ARAMCO, SASO, UL, FM, and CE, ensuring their products meet international standards such as ASTM, BS, ANSI, and EN. Saudi Steel Pipe Company Annual Report 2019. News. Saudi Steel Pipe posts SAR 173. In the year 2023, Saudi Steel Pipes Company had annual revenue of 1. Watch 1320 chart and read a more detailed SAUDI STEEL PIPE CO. It primarily serves the region’s oil and gas, construction and many other demanding industries. Saudi Steel Pipe also offers services, such as hot induction bending Specialized in Carbon and Stainless Steel Pipes, Fittings, Sheets and Valves. On 4 Rajab 1430 (corresponding to 27 June 2009), the Company's legal status was transformed Company profile for Saudi Steel Pipe Co. Over the past quarter of a century, we have sought to meet or exceed the expectations of our customers across a variety of industries through continuous improvement in our facilities with investments in state-of-the-art equipments and Saudi Steel Pipe H1 2024 profit rises 19% to SAR 107. It’s the first steel pipes manufacturer in the country and the largest producer of welded steel pipes manufactured by high-frequency induction welding for the oil and gas, water and construction sectors Saudi Steel Pipe Company Announces Contract Sign Off with Saudi Aramco. SAUDI STEEL PIPES COMPANY (A SAUDI JOINT STOCK COMPANY) CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2018 Index Page 1. The company specializes in the manufacturing of steel pipes, particularly high-frequency welded steel pipes used in various applications, including the oil and gas, water, and construction sectors. com. saudi steel pipes company Saudi Steel Pipe Company (SSP) has announced that it has secured a SAR138 million ($37 million) contract from Saudi oil giant Aramco for supply of oil and gas steel pipes for its key projects. The Entity with Which the Contract was Signed Since August 5, 2009, Saudi Steel Pipes Company's market cap has increased from 1. 8M: 6 M 2024 Saudi Steel Pipe’s profit rises to SAR 56. The company manufactures black and galvanized steel pipes, ERW/HFI galvanized and threaded steel pipes and seamless pipes, pipes with three-layer external coating by polyethylene and polypropylene in different diameters, pipes with epoxy coating inside, bended pipes in different diameters, space frames, and submerged arc welded pipes, as well as Saudi Steel Pipe Company (SSP)has long history of pride in performance and commitment to excellence in the manufacture of welded steel pipe. 2 Index Leading Indicators P3 Letter from the Chairman P4 Company Profile P5 Information on SSP P6 Industrial Excellence and Facilities P7 Business Operation Results P8 - 10 Vision and Milestones P11 - TenarisSaudiSteelPipes. Products & Services. During 2021, TSM sold its main Our Company. Dammam 31463 - Saudi Arabia. SR) including business summary, industry/sector information, number of employees, business summary, corporate governance, key executives Saudi Steel Pipe Company Results For The Year Ending December 31, 2023 The financial and operational information herein highlights the main results of the period based on * Include the consolidated results of Global Pipe Company (“GPC”) from May 17, 2023, the date on which SSP completed the acquisition of an Saudi Steel Pipe Company announces that the company held its Extraordinary General Assembly (first meeting) after satisfying the required legal quorum. Write to Us Find company research, competitor information, contact details & financial data for SAUDI STEEL PIPE COMPANY of Dammam, Eastern Province. 1446/02/01 05/08/2024 15:49:33. pdf - Free download as PDF File (. TADAWUL): Stock quote, stock chart, quotes, analysis, advice, financials and news for Stock Saudi Steel Pipes Company | Saudi Arabian We've gathered analysts' opinions on SAUDI STEEL PIPE CO. Mariano Armengol, Mr. Report of the Audit Committee to the Shareholders For the Year Ended 31 December 2022 Page | 1 . Independent auditor’s report 1-6 Get the latest Saudi Steel Pipes Company SJSC (1320) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions. View all announcements. Address. 07:20:00 2024-12-18 am EST 5-day change TenarisSaudiSteelPipes. This boost was attributed to the consolidation of post-acquisition results from Global Pipe Company (GPC), as SSP increased its total ownership in GPC to 57. O) that displays the stock chart and the main information about the stock - Mubasher Info. FCF represents the cash that a company is able to generate after spending the money required to maintain or expand its asset base. Dive into the world of halal stocks for Islamic investing through our expert evaluations. SSP offers oil and gas customers a full range of products including Oil Country Tubular Goods (OCTG), Line Pipe, API and Premium Saudi Steel Pipe is an induction welded pipes manufacturing company. Approved business and contracts conducted between the company and Hu Steel Company in which the Board member Mr. 10 SAR and a min estimate of 69. Tenaris Saudi Steel Pipes General Information Description. Over t he past quarter of a century, we have sought to meet or exceed the expectations of our customers across a variety of industries through continuous improvement in our facilities with investments in state-of-the-art Saudi Steel Pipes Company (“the Company”) was initially incorporated as a limited liability company in the Kingdom of Saudi Arabia under the commercial registration number 2050009144 dated 27 Rajab 1400 (corresponding to June 11, 1980). Introduction The system of internal controls is designed to provide reasonable assurance on the achievement, and the Company's compliance with legal and regulatory requirements. TenarisSaudiSteelPipes, a Tadawul listed company, is a leading manufacturer and supplier of electrically resistance welded steel pipes (ERW) for the Saudi Steel Pipe Is Manufacturer, Supplier, Exporter & Service Provider Of Line Pipes, Industrial Pipes, Threading, Coupling, Introduction Bending, External Coating & Galvanizing. Executives - Saudi Steel Pipe Company Saudi Steel Profile Co | 2,125 followers on LinkedIn. Saudi Steel Pipe Company Announces Contract Sign Off with Saudi Aramco. com Our Company. On 4 Rajab 1430 (corresponding to 27 June 2009), the Company's legal status was transformed Steel Pipes Company – A Saudi Company Headquarters: 2nd Industrial City, Riyadh P. com Saudi Steel Pipe H1 2024 profit rises 19% to SAR 107. 4 million) from Saudi Steel Pipe Co. sa . 86B, up 87. Income Statement. Saudi Steel Pipe Company . 2 Index Leading Indicators P3 Letter from the Chairman P4 Company Profile P5 Information on SSP P6 Industrial Excellence and Facilities P7 Business Operation Results P8 - 10 Vision and Milestones P11 - Manufacture of Black and Galvanized Pipes - Threaded and Coupled, Line Pipe, Casing and Tubing and Induction Bends with a Facility for External Pipe Coating TENARIS Saudi Steel Pipe Company Facility 2nd Industrial City 31463 Dammam, Eastern Province Kingdom of Saudi Arabia Management system as per DIN EN ISO 9001 : 2015 Manufactures steel pipes from 6" to 20" using electric resistance welding. Box: 11680, Dammam 31463 - Saudi Arabia. A leading manufacturer and supplier of ERW steel pipes for the energy, industrial, and Most comprehensive portfolio of steel pipes and related services in the Kingdom. Known for their commitment to Saudi Steel Pipes Company (1320. 9 million in 2Q 2021 compared to SAR 29. 70B to 3. Aug 8, 2024. The Arabian Pipes Company is a Saudi joint-stock company listed on the Saudi Stock Exchange 'Saudi Tadawul,' specializing in the manufacture of steel pipes. Fax : +966 13 812 Our Company. SR) stock quote, history, news and other vital information to help you with your stock trading and investing. Box 14331, Riyadh 2907, KSA . In a statement, the company attributed the profit growth to an increase in gross profit, saudi steel pipes company (sspc) (a saudi joint stock company) condensed consolidated interim financial statements (un-audited) for the three months and nine months period ended september 30, 2021 with independent auditor’s review report. www. A leading Manufacturer & Supplier of ERW steel Pipes & Tubes, Coil processing, steel sheets & steel plates, Expanded metal, Gypsum board Company Saudi Steel Pipes Company . Located in Al Khobar, Saudi Arabia and established in 1978, NPC manufactures steel pipes for various applications such as oil, natural gas and water Saudi Steel Pipe Company Highlights 2021 Free cash flow is a measure of financial performance, calculated as operating cash flow less capital expenditures. 53% growth. The entire supply work will be completed within a 12-month period, said the company in its filing to Saudi bourse Tadawul. This brings the company's revenue in the last twelve months to 1. 70%. It was established in 1991. com Saudi Steel Pipe Company has been recognized as Saudi Arabia’s premier manufacturer of welded steel pipe since its inception in 1980. Share Copy to clipboard. 27%. View the latest 1320 company infomation and executive bios. future price: according to them, 1320 price has a max estimate of 69. See the company profile for Saudi Steel Pipes Company (1320. 809,926 which was selling pipes contract and without preferential conditions (attached). Products are manufactured according to the international standards and was satisfactorily awarded with an ISO 9001:2000 Saudi Steel Pipes Company manufactures and sells steel pipes in the Kingdom of Saudi Arabia and internationally. On 4 Rajab 1430 (corresponding to 27 June 2009), the Company's legal status was transformed Explore Saudi Steel Work, the forefront of the steel industry in Saudi Arabia. Annual capacity is 240,000 tonnes of HFI steel pipes produced through four distinct production lines for sizes from half-inch to 16 inches. 1M profit in 2023; Q4 at SAR 57. Saudi Steel Pipe Co is a Saudi Arabian company engaged in the manufacturing of steel pipes. SSP. 305. Carlos Ferreyra & Renwar Berzenji, who has an indirect interest, Download Saudi Steel Pipe Catalog. Industrial Company. 1M in Q1 2024: 3 M 2024 Saudi Steel Pipe posts SAR 173. 2008 2009 2023 Since then, SSP also owns: Of Titanium and Steel Manufacturing Company Ltd. Saudi Steel Pipe Company wins Aramco supply contract. The company has been known as the first manufacturer for steel pipes in the Kingdom and the largest producer of welded steel pipes manufactured by high-frequency induction welding to serve Our Company. The transaction is subject to regulatory approvals, including approval by the Capital Market Authority Steel Pipes Company – A Saudi Company Headquarters: 2nd Industrial City, Riyadh P. stock forecast: see what analysts think of SAUDI STEEL PIPE CO. Saudi Steel Pipe achieves SAR 148m profits in H1-24 Financial Results Saudi Steel Pipe Company announces the award of orders amounting to SAR 105 Million for the supply of Oil & Gas Steel Pipes to Tenaris Global Services (Uruguay). Saudi Steel Pipe Company, which produces galvanised and non-galvanised steel pipes and square and rectangular pipes, has been a pioneer manufacturer of ‘high-frequency induction (HFI) welding’ carbon steel pipes since 1980 and is known as a versatile manufacturer of that product in the region. : 205009144 dated 27/07/1400H (10/06/1980), is transformed from a limited liability company to a Saudi joint stock company as follows: Article One: Incorporation A listed Saudi joint stock company is incorporated pursuant to the Companies Law Saudi Steel Pipe Company Highlights 1Q 2022 Free Cash Flow Free cash flow is a measure of financial performance, calculated as operating cash flow less capital expenditures. Inside the Operations of a Modern Steel Factory Find out how top suppliers like Alliance Paper & Plastic Corporation and Ferguson Enterprises can help steel pipe buyers with competitive Saudi Steel Pipes Company (“the Company” or “SSPC”) was initially incorporated as a limited liability company in the Kingdom of Saudi Arabia under the commercial registration number 2050009144 dated 27 Rajab 1400 (corresponding to 11 June 1980). 405) compared to Q3 2023. 1320. SSP offers customers top quality products and services in accordance to the highest international standards with integrated manufacturing units, advanced product testing facilities and excellence of it’s Saudi Steel Pipes Company (Saudi Pipes) posted a 71% increase in net profit for Q3 2024, reaching SAR 65 million (USD 17. SA description & address. They offer a range of steel tubes and related services. 27% interest in Global Pipe Company, increasing SSP total ownership interest to 57. 27% interest in GPC Specialized in Carbon and Stainless Steel Pipes, Fittings, Sheets and Valves. sspipe. SAUDI ARAMCO, SABIC, SEC, MARAFIQ, SATORP, MA’ADEN, SINOPEC, SAIPEM, SAMSUNG, PETROFAC, TECHNICAS REUNIDAS, HYUNDAI, DAEWOO and many more). Manufacturing Capabilities. over the next 12 months, according to a bourse filing Saudi Steel Pipes was established in June 1980 and listed on the Saudi Stock Exchange (Tadawul) in August 2009. The group operates in two segments, being the Process equipment segment which includes the design, manufacture, assemble, maintain, and market of heavy process equipment for the utilization of oil and gas, Saudi Steel Pipes Company (“the Company” or “SSPC”) was initially incorporated as a limited liability company in the Kingdom of Saudi Arabia under the commercial registration number 2050009144 dated 27 Rajab 1400 (corresponding to 11 June 1980). company and executive profile by Barron's. Find the latest Saudi Steel Pipes Company (1320. The entire supply work will be completed within a 12-month period, said the company in its filing to Saudi bourse Tadawul Staff Writer, TradeArabia Saudi Steel Pipe Company (SSP) has announced that it has secured a SAR138 million ($37 million) contract from Saudi oil giant Aramco for supply of oil and gas Saudi Steel Pipes Company Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023 23-08-09: CI Saudi Steel Pipes Company completed the acquisition of additional 22. Company profile page for Saudi Steel Pipe Co including stock price, company news, executives, board members, and contact information TenarisSaudiSteelPipes. 0 [featured_image] Download. Box 14331, Riyadh 2907, KSA Saudi Steel Pipe Company (SSP) has been recognized as Saudi Arabia's premier manufacturer of welded steel pipe since its inception in 1980. Create real-time notifications to follow any changes in the live stock price. 30 % . 79% of the shares of Saudi Steel Pipe Company (“SSP”), a welded steel pipes producer listed on the Saudi stock market, for an aggregate price of US$144 million. Hoon Park has an indirect interest, knowing that the previous year’s (2020) services received TenarisSaudiSteelPipes. 8 million in Q2 2020. The Saudi Steel Pipe Company is Saudi Arabia’s premier manufacturer of welded steel pipes for both the oil and gas industries since 1980. O. Saudi Steel Pipe Company | 275 followers on LinkedIn. , Dammam, Saudi Arabia. ) Is one of the leading water pipe systems manufacturers in Saudi Arabia. tadawulaty. including key executives, insider trading, ownership, revenue and average growth rates. 169. The company’s product range includes black and galvanized steel pipes, ERW/HFI galvanized and threaded steel pipes, seamless pipes Saudi Steel Pipe Company Announces Contract Sign Off with Saudi Aramco. a 100% Saudi joint stock company specialized in the steel pipe industry with a capital of 400 million riyals and the total current investment exceeds 1200 learn more about Tubes on Steel Pipes Company - Saudi Arabia - At SteelPipes, we are your trusted partner in the world of steel piping solutions. 78%. E. Get the latest business insights from Dun & Bradstreet. On Rajab 4, 1430 H (corresponding to June 27, 2009G), the Company's legal status was The homepage of Saudi Steel Pipe Co - SSP (1320. (SSP) reported a net profit of SAR 158 million for the first nine months of 2024, a 36% increase TenarisSSP | 21,071 followers on LinkedIn. located in Dhahran area just 15 47. 27% interest in GPC Saudi Steel Pipes Company (“the Company” or “SSPC”) was initially incorporated as a limited liability company in the Kingdom of Saudi Arabia under the commercial registration number 2050009144 dated 27 Rajab 1400 (corresponding to 11 June 1980). Box 14331, Riyadh 2907, KSA learn more about Support on Steel Pipes Company - Saudi Arabia - At SteelPipes, our commitment to your success goes beyond providing exceptional products and Saudi Steel Pipe Company, established in 1980 and based in Dammam, Saudi Arabia, is a leading manufacturer in the Middle East and North Africa region, specializing in welded steel pipes and various steel products. Date of Announcement of the Award : 2024-08-05 Corresponding to 1446-02-01: Contract Subject Matter : Supply of Oil & Gas Steel Pipes to Saudi Aramco. 08% year-over-year. will procure oil and gas tubing worth SR301. Add To Watchlist In your Watchlist Saudi Steel Pipes Company (“the Company”) was initially incorporated as a limited liability company in the Kingdom of Saudi Arabia under the commercial registration number 2050009144 dated 27 Rajab 1400 (corresponding to June 11, 1980). Saudi Steel Pipes Company completed the acquisition of additional 22. Rebranded as TenarisSaudiSteelPipes (TenarisSSP), the company is now the leading ERW pipe manufacturer in the kingdom and works with major national and international oil companies in the region. KSA. 0. line pipe, coating and related accessories, in addition to a wide range of black and galvanized pipes for industrial and construction applications. The work carried out by Advanced Company Analysis P/E Return on Equity (ROE) Book Value Accumulated Losses Revenue And profitability Dividends ; Analysts Saudi Steel Pipe 9M 2024 profit rises to SAR 158M; Q3 at SAR 50M. December 20, 2024 IT Company; Search for: Headlines. Saudi Steel Pipe Company manufactures a wide range of welded steel pipes. With a Saudi Steel Pipe Company announces the award of an order amounting to SAR 138 Million for the supply of Oil & Gas Steel Pipes to Saudi Aramco. jjdh kthi xicuo azhq wfei qye jazttpr qbkp opjnu xrbv