Modest growth
Saudi Steel Pipe has gone through a difficult Q4 2015 as the loss it has registered amounts to SAR-1.300M vs. SAR5.300M in Q4 2014. On a yearly basis, the company recorded an increasing net result by 36.22% to SAR40.05M. Moreover, all of the company's profit indicators followed the net income's trend, as the gross profit moved from SAR97.24M, in 2014, to SAR101.18M in 2015, and the operational profit grew by 2.29% to SAR46.52M.
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