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Steel Pipe logs 83% profit decline in Q1

Steel Pipe logs 83% profit decline in Q1
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Saudi Steel Pipe released today interim financial results for the fiscal period ending on March 31, 2014.

Q1 earnings dropped 82.6% y/y from SAR 23.1 million to SAR 4.02 million.

The EPS fell from SAR 0.45 to SAR 0.08.