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Group Five Pipe Saudi Co. Posts Higher H1 Net Profit, Revenue

MT Newswires·08/31/2026 01:30:10
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01:30 AM EDT, 08/31/2026 (MT Newswires) -- Group Five Pipe Saudi Co. (SASE:9523) said Monday that net profit and revenue for the first half rose year over year. Net profit for the six months ended June 30 was 143.1 million Saudi riyals, compared with 125.2 million riyals earlier. EPS moved to 5.11 riyals from 4.47 riyals. The Tadawul-listed pipe maker's revenue was 945.2 million riyals, compared with 922.3 million riyals a year ago.