Arabian Pipes Co (APC) News - Mubasher Info
Mubasher TV
Contact Us Advertising   العربية

Arabian Pipes Co (2200)

Last update: 28 March 03:19 PM market time.
154.80
49.00
46.31%
Open 164.00
Previous Close 105.80
High 164.00
Low 154.00
Stock Statistics
Volume 186,980
Turnover 29,361,710.20
All data are 15 minutes late during market session

News

Photo Archive
5 March 10:55 AM Arabian Pipes swings to profitability in 2023
Riyadh – Mubasher: Arabian Pipes Company shifted to profitability in 2023, recording a net profit of SAR 132.11 million, compared to a net loss of SAR 10.49 million a year earlier. Revenues surged 124.76% year-on-year (YoY) to SAR 1.07 billion …
Photo Archive
5 February 03:20 PM Arabian Pipes awarded SAR 108m contract from Aramco
Riyadh – Mubasher: Arabian Pipes Company secured a new order from Saudi Arabian Oil Company (Aramco) at a value of nearly SAR 108 million on 4 February 2024. Under the deal, the company will provide Aramco with steel pipes for 11 months, according …
Photo Archive
6 November 2023 03:24 PM Arabian Pipes shifts to nearly SAR 91.5m net profits in 9M-23
Riyadh – Mubasher: Arabian Pipes Company swung to net profits amounting to SAR 91.40 million in the first nine months (9M) of 2023, compared to a net loss of SAR 7.50 million in the same period of 2022. The company’s revenues surged by 153.19% …
Photo Archive
2 October 2023 03:16 PM Arabian Pipes secures SAR 115m contract award
Riyadh – Mubasher: Arabian Pipes Company and Br. C.A.T. International Company Limited inked an agreement valued at SAR 115 million on 1 October 2023. The listed company will supply Br. C.A.T. International’s factory in Jubail with steel pipes for …
Photo Archive
20 September 2023 03:38 PM Arabian Pipes, Aramco pen SAR 54m supply deal
Riyadh – Mubasher: Arabian Pipes Company was awarded a contract to supply Saudi Arabian Oil Company (Aramco) with steel pipes valued at SAR 54 million. The two entities signed the 10-month agreement on 19 September 2023, according to a bourse …
Photo Archive
14 September 2023 11:21 AM Arabian Pipes rolls out SAR 204m deal with Aramco
Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) awarded Arabian Pipes Company a SAR 204 million supply deal on 13 September 2023, according to a bourse filing. Under the agreement, Arabian Pipes will provide Aramco with steel pipes and …
Photo Archive
20 August 2023 07:10 PM Arabian Pipes turns profitable in Q2, H1-23
Riyadh – Mubasher: Arabian Pipes Company has achieved net profits after Zakat and tax of SAR 46.60 million in the first half (H1) of 2023, against net losses of SAR 17.40 million in the year-ago period. The revenues skyrocketed by 271.90% …
Photo Archive
2 July 2023 05:54 PM Arabian Pipes signs SAR 322m contract with Aramco
Riyadh – Mubasher: Arabian Pipes Company has been awarded new orders totalling around SAR 322 million to provide Saudi Arabian Oil Company (Aramco) with steel pipes. Arabian Pipes won and signed the contract on 26 June 2023, yet it carries a …
Photo Archive
2 July 2023 03:24 PM Arabian Pipes wins supply order for China Geo-Engineering KSA branch
Riyadh – Mubasher: Arabian Pipes Company was awarded a new deal at total value of nearly SAR 43 million, under which the listed firm will provide China Geo-Engineering Corporation (Saudi) branch with steel pipes. The supply order holds a …
Photo Archive
14 June 2023 00:55 PM Arabian Pipes unveils SAR 27m agreement with Aramco
Riyadh – Mubasher: Arabian Pipes Company inked a nearly SAR 27 million contract with Saudi Arabian Oil Company (Aramco) on 12 June. Arabian Pipes will supply Aramco with steel pipes from its factories for seven months, according to a bourse …
Photo Archive
2 March 2023 04:14 PM Arabian Pipes wins SAR 62m supply deal from Saudi Aramco
Riyadh – Mubasher: Arabian Pipes Company signed an agreement with Saudi Arabian Oil Company (Aramco) on 1 March 2023 at an estimated value of SAR 62 million, according to a bourse filing. Under the 11-month contract, Arabian Pipes will provide …
Photo Archive
4 October 2022 05:00 PM Arabian Pipes signs SAR 450m supply deal
Riyadh – Mubasher: Arabian Pipes Company inked a contract worth nearly SAR 450 million with McDermott Arabia Company Limited (MACL) on 3 October 2022. Under the 12-month agreement, the Saudi listed firm will supply MACL with steel pipes, according …
Photo Archive
25 September 2022 09:46 AM Arabian Pipes awarded SAR 155m contract from Aramco
Riyadh – Mubasher: Arabian Pipes Company has been awarded on 21 September 2022 a contract worth around SAR 155 million to supply the Saudi Arabian Oil Company (Aramco) with steel pipes.  The financial impact of the 15-month contract will reflect …
Photo Archive
17 July 2022 00:43 PM Arabian Pipes’ board recommends SAR 150m capital raise
Riyadh – Mubasher: The board of Arabian Pipes Company has recommended to increase the company’s capital through a SAR 150 million rights issue. The proposal aims to support the company’s working capital and strengthen its financial position, …
Photo Archive
23 May 2022 00:03 PM Arabian Pipes wins SAR 100m contract from Saudi Aramco
Riyadh – Mubasher: Arabian Pipes Company has been awarded a SAR 100 million contract to supply Saudi Arabian Oil Company (Aramco) with steel pipes. The financial impact of the 10-month contract will be registered from the first quarter (Q1) of …
Photo Archive
20 March 2022 06:06 PM CMA approves Arabian Pipes’ SAR 300m capital raise
Riyadh – Mubasher: The Capital Market Authority (CMA) has approved Arabian Pipes Company’s request to increase its capital through a SAR 300 million rights issue. The CMA issued its approval after the company fulfilled all the conditions and …
Photo Archive
21 February 2022 05:39 PM Arabian Pipes' board approves SAR 40m accumulated losses reduction
Riyadh – Mubasher: The board of Arabian Pipes Company decided to decrease its accumulated losses of SAR 39.9 million, representing 39.9% of the capital. The reduction of the accumulated losses aims to lower its balance to reach nearly 0% of the …
Photo Archive
26 January 2022 11:07 AM Aramco awards Arabian Pipes SAR 268m contract
Riyadh – Mubasher: Arabian Pipes Company has been awarded a SAR 268 million contract to supply steel pipes to Saudi Arabian Oil Company (Aramco). The financial impact of the 13-month contract will be registered from the third quarter (Q3) of 2022 …
Photo Archive
14 November 2021 00:15 PM Arabian Pipes signs SAR 66m deal with Aramco
Riyadh – Mubasher: Arabian Pipes Company has been awarded a contract standing at SAR 66 million to provide Saudi Arabian Oil Company (Aramco) with steel pipes, according to a bourse disclosure on Sunday. The contract duration is 14 months starting …
Photo Archive
10 November 2021 06:24 PM Arabian Pipes registers net losses in Q3, nine months
Riyadh – Mubasher: Arabian Pipes Company suffered net losses after Zakat and tax worth SAR 16.8 million during the third quarter (Q3) of 2021, increasing by 380% year-on-year (YoY) from SAR 3.5 million. Revenues plunged by 42% YoY to SAR 92.6 …
Photo Archive
10 November 2021 02:13 PM Arabian Pipes to provide Aramco with steel pipes under SAR 305m deal
Riyadh – Mubasher: Arabian Pipes Company has signed a contract worth SAR 305 million with Saudi Arabian Oil Company (Aramco) to supply the latter with steel pipes. Arabian Pipes has been awarded and signed the deal on 9 November, according to a …
The loss per share increased to SAR 0.3 in H1-21
19 August 2021 01:44 PM Arabian Pipes’ H1-21 profits shrink 66%
Riyadh- Mubasher: Arabian Pipes Company suffered net losses after Zakat and tax worth SAR 12.1 million in the first half (H1) of 2021, a plunge of 66% from SAR 35.7 million in SAR H1-20. The loss per share increased to SAR 0.3 in H1-21 from SAR …
Revenues shrank by 50% on an annual basis to SAR 369.2 million
9 June 2021 05:36 PM Arabian Pipes turns to loss in 2020; changes to capital proposed
Riyadh – Mubasher: Arabian Pipes Company incurred a net loss after Zakat and tax worth SAR 195.3 million in 2020, against net profits worth SAR 30.2 million in 2019. The company’s loss per share stood at SAR 4.9 last year, versus earnings per …
Both Al Khayal and Abunayyan will assume their positions until 2024
26 May 2021 04:02 PM Arabian Pipes appoints Chairman, Vice Chairman
Riyadh – Mubasher: Arabian Pipes Company has appointed Youssef bin Saleh Abba Al Khayal as the Chairman of the board for the coming three years, according to a bourse filing on Wednesday. The company also named Khalid bin Abdullah Abunayyan as the …
Photo Archive
11 November 2020 09:52 AM Arabian Pipes suffers SAR 3.4m quarterly loss
Riyadh – Mubasher: Arabian Pipes Company (APC) incurred SAR 3.4 million worth of losses in the third quarter (Q3) of 2020, compared with profits of SAR 9.2 million in the same quarter in 2019, as sales slumped. Revenue for the July-September …