Saudi steel pipe company annual report

Saudi steel pipe company annual report. BUSINESS COMBINATION (CONTINUED) The initial accounting for a business combination can be determined provisionally by the end of the measurement period SAUDI STEEL PIPES COMPANY (A SAUDI JOINT STOCK COMPANY) NOTES TO THE CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS FOR THE THREE MONTHS ENDED MARCH 31, 2022 6 1. BORROWINGS September 30, 2022 (Un-audited) December 31, 2021 (Audited) SR SR Non-current borrowings 102,082,013 44,479,133 SAUDI STEEL PIPES COMPANY (A SAUDI JOINT STOCK COMPANY) CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2018 Index Page 1. com View the latest Saudi Steel Pipe Co. SA financial statements in full, including balance sheets and ratios. Such information is always presented with the SAUDI STEEL PIPES COMPANY (A SAUDI JOINT STOCK COMPANY) NOTES TO THE CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS FOR THE THREE MONTHS AND SIX MONTHS PERIOD ENDED JUNE 30, 2019 7 1. com TenarisSaudiSteelPipes. Jun 22, 2024 · Al-Jazera Factories in Saudi Arabia, established in 1988, are leading steel pipe manufacturers with an impressive annual capacity of 260,000 Metric Tons. Manufacturing of metal pipes, plastic hoses, pipe’s connections and supplement accessories. balance sheet, income statement, cash flow, earnings & estimates, ratio and margins. 1405 AH, as well as the Industrial License No. Accordingly, aft er the completion of the audit activities; the committee received the audit reports issued by the audit team, and directed SSP internal audit team to review and follow - We are pleased to present the Annual Report of the business operations and performance of Saudi Steel Pipe Company (“SSP”) for the fiscal year ended on 31/12/2019, as stipulated in the applicable laws, regulations and disclosure requirements of the Capital Market Authority. The strong performance and improved production during the year is highlighted in our production capacity of 500 thousand tons of pipes and (4. Company in the steel pipes industry in the Kingdom of Saudi Arabia. Report is available for immediate purchase & download from EMIS. : +966 13 TenarisSaudiSteelPipes. Saudi Steel Pipe Co generates higher returns on investment than it costs the company to raise the capital needed for that investment. Global Pipe SAUDI STEEL PIPES COMPANY (A SAUDI JOINT STOCK COMPANY) NOTES TO THE INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS FOR THE SIX-MONTH PERIOD ENDED JUNE 30, 2023 9 5. 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. 47% to SAR 1. 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. A. 21, 2019 (GLOBE NEWSWIRE) -- Tenaris S. com We are pleased to present the Annual Report of the business operations and performance of Saudi Steel Pipe Company (“SSP”) and its subsidiary (collectively referred to as “the Group”) for the fiscal year ended on 31/12/2021, as stipulated in the applicable laws, regulations and disclosure requirements of the Capital Market Authority. SAUDI STEEL PIPES COMPANY (A SAUDI JOINT STOCK COMPANY) NOTES TO THE CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS FOR THE THREE MONTHS PERIOD AND YEAR ENDED DECEMBER 31, 2018 7 1. 92 million USD . Manufactures steel pipes from 6" to 20" using electric resistance welding. annual income statement. : +966 13 812 2222. L. These 1. •Served as Chairman, Line Pipe Manufacturers Group (National Association of Pipe Coating Applicators) Hisham Abdullatif Mohammed Allhmil, CEO (Middle East) •Well-known figure in the Saudi steel and pipe industry •Previously worked with esteemed organizations in Saudi Arabia such as Saudi Steel Pipe, SABIC, Saudi Iron and Steel Co. 06. Establishing of metallic Jun 14, 2024 · Report with financial data, key executives contacts, ownership details & and more for Arabian Pipes Company JSC in Saudi Arabia. (1109 / R) dated 11. Independent auditor’s report 1-6 PT STEEL PIPE INDUSTRY OF INDONESIA company performance reports including financial statements and annual reports. 3. SA financial statements in full. ORGANIZATION AND PRINCIPAL ACTIVITIES Saudi Steel Pipes Company (“the Company”) was initially incorporated as a limited liability company in the Kingdom of Audit Committee Annual Report 2021 Page | 2 1. 25%%. Fax : +966 13 812 1005. 8 million (approximately US$141 6 days ago · What is Saudi Steel Pipe Co WACC %? As of today (2024-09-11), Saudi Steel Pipe Co's weighted average cost of capital is 9. We are pleased to present the Annual Report of the business operations and performance of Saudi Steel Pipe Company (“SSP”) for the fiscal year ended on 31/12/2019, as stipulated in the applicable laws, regulations and disclosure requirements of the Capital Market Authority. $355. TenarisSaudiSteelPipes. 4. No. Saudi Steel Pipe Co. 1419 AH, as well Report of the Audit Committee to the Shareholders For the Year Ended 31 December 2023 Page | 1 . 27% interest in Global Pipe Company, increasing SSP total ownership interest to 57. ORGANIZATION AND PRINCIPAL ACTIVITIES Saudi Steel Pipes Company (“the Company” or “SSPC”) was initially incorporated as a limited liability Annual Report East Pipes Integrated Company for Industry Annual Report 20 23 1443 - 1444 2022 - 2023 Continuous Growth answer Qs bellow from the Saudi Steel Pipe Company Annual report 2019 the Saudi Steel Pipe Company Annual report 2019. SAUDI STEEL PIPES COMPANY (A SAUDI JOINT STOCK COMPANY) NOTES TO THE INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2023 7 1. L, Reliance Industries Limited, Emirates Trading Agency LLC, Jindal Saw Ltd. (434 / R) dated 12. 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. Approved the Board of Directors report for the year ended 31/12/2020. 922 dated 18. e-Mail: info@sspipe. ORGANIZATION AND PRINCIPAL ACTIVITIES Saudi Steel Pipes Company (“the Company” or “SSPC”) was initially incorporated as a limited liability company in the Arabian Pipes Company - a Saudi joint stock company under the Minister of Commerce Decision No. Box: 11680, Dammam 31463 - Saudi Arabia. , Gulf Plastic Industries W. (NYSE, Buenos Aires and Mexico: TS and MTA Italy: TEN) announced today that it has entered into a definitive agreement to acquire from a private group 47. ORGANIZATION AND PRINCIPAL ACTIVITIES Saudi Steel Pipes Company (“the Company” or “SSPC”) was initially incorporated as a limited liability company in the Dear / Shareholders of the Arabian Pipes Company Peace be Upon you, The Board of Directors of the Arabian Pipes has the pleasure to introduce to the honorable shareholders; the Annual Report of the Financial Year closing on 31/12/2022. Discuss? Your answer should include the case of Saudi Steel Pipe Company auditors report. Annual Report 2021 7 Letter from the Board Dear Shareholders, Peace and blessings of God be upon you. 12. صندوق بريد: 11680 – الدمام 31463 المملكة العربية السعودية Online Annual Reports. Manufacturing of pipes and metal pipes, grooved-shapes of metal and steel. (TSM). SAUDI STEEL PIPES COMPANY (A SAUDI JOINT STOCK COMPANY) NOTES TO THE INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS FOR THE SIX-MONTH PERIOD ENDED JUNE 30, 2023 7 1. This task will assess the annual report for the year ending 2019 regard the Saudi Steel Pipe Company and provide insights on concepts of CPA, audit assurance services, and external auditors. Introduction. 52% (calculated using TTM income statement data). P. We are pleased to present the Annual Report of the business operations and performance of Saudi Steel Pipe Company (“SSP”) and its subsidiary (collectively referred to as “the Saudi Steel Pipe Company is a manufacturer of welded steel pipes. 1. Annual Report 2023-24: 02. (HADEED) INDEPENDENT AUDITOR’S REVIEW REPORT ON THE CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS The Shareholders of (1/2) Saudi Steel Pipes Company (SSPC) (A Saudi Joint Stock Company) Dammam, Kingdom of Saudi Arabia Introduction We have reviewed the accompanying condensed consolidated interim statement of financial position of Saudi Steel Check out our detailed Shariah compliance report for 1320 - Saudi Steel Pipes Company SJSC. Revenues hiked by 78. 1991 AD and under the Industrial License No. , Al-Bilad United Co. (NYSE, Buenos Aires and Mexico: TS and MTA Italy: TEN) announced today that it closed its previously-announced acquisition from a private group of 47. , Saudi Hepco LLC and Mawad Group among others. Ltd. Your guide to informed halal investment decisions starts here. ORGANIZATION AND PRINCIPAL ACTIVITIES Saudi Steel Pipes Company (“the Company” or “SSPC”) was initially incorporated as a limited liability company in the 01. 79% of the shares of Saudi Steel Pipe Company (“SSP”), a welded steel pipes producer listed on the Saudi stock market, for a total amount of SAR 529. Feb 25, 2024 · Riyadh – Saudi Steel Pipe Company witnessed 301. 1411AH corresponding to 01. com الشركة السعودية لأنابيب الصلب. Feb 14, 2022 · Investor Relations Company Profile Trading Name East Pipes Integrated Company for Industry ISIN CODE SA15GH80KKH0;Symbol 1321 Sector Steel Pipe Manufacturer Date of Listing 14-Feb-2022 Financial Year 1st April – 31st March About Us Established in 2010, East Pipes TenarisSaudiSteelPipes. company (Saudi-Korean) Became a closed joint stock company Became a public joint stock company SSP acquired an additional 22. com SAUDI STEEL PIPES COMPANY (A SAUDI JOINT STOCK COMPANY) NOTES TO THE CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS FOR THE THREE MONTHS AND NINE MONTHS PERIOD ENDED SEPTEMBER 30, 2019 7 1. 00 ( 0 ) Sep 25, 2018 · LUXEMBOURG, Sept. Focus on the assurance of supply by introducing 15 additional transporters to the Hadeed fleet to cater for 6 million metric tons dispatch capability. Stock analysis for Saudi Steel Pipe Co (SSP:Saudi Arabia) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Euroland Investors Microsoft Word - Saudi Steel Pipe Company Author: APEX The Saudi Arabia pipes and fittings market is dominated by some of the major players such as Arabian Pipes Company (APC), Europipe Middle East, National Pipe Company Ltd. Approved the External Auditor Report for the year ended 31/12/2020. 27%. Screened based on 5 major Shariah standards by Certified Shariah Advisor. 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. Dive into the world of halal stocks for Islamic investing through our expert evaluations. 85% higher net profits at SAR 217 million in 2023, versus SAR 54 million in the January-December 2022 period. Introduction: 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 company have many accreditation certificates such as (API, ISO9001, ISO14001, OHSAS18001 and ILAC) also the company is approved by most of the oil and gas companies in the region and exporting to Gulf countries, middle east and north Feb 16, 2022 · Saudi Steel Pipe Company Highlights 2021 Year 2021 compared with Year 2020: SSP recorded a positive EBITDA of SR 39. O. (1320) stock price, news, historical charts, analyst ratings and financial information from WSJ. 33 billion last year from SAR 748 million in 2022, according to the annual consolidated financials. Introduction The system of internal controls is designed to provide reasonable assurance on the achievement, effectively and efficiently, of the objectives of Saudi Steel Pipe Company (the Company). 2020. Annual Revenue 2023. Approved the Consolidated Financial Statements for the year ended 31/12/2020. Actual. Financials Information. The Annual Report was prepared in accordance with the Saudi Companies Regulation and the Company's Basic, The Saudi Steel Pipe Company Annual Report, 2019. 3 million, TenarisSaudiSteelPipes. Saudi Steel Pipe Company . com Remained strongly aligned with Saudi Vision 2030 project stakeholders such as NEOM, Qiddayah, Roshen, as well as signing a Memorandum of Understanding with the Red Sea Development Company. Tel. 06. Also the company has threading line for casing pipes, a coating facility and slitting line for steel coils. Euroland Investors - Best Practice IR 23 Market Overview. View 1320. Audit Committee Annual Report 2020 Page | 1 Table of Content . We are pleased to present the Annual Report of the business operations and performance of Saudi Steel Pipe Company (“SSP”) and its subsidiary (collectively referred to as “the Group”) for the fiscal year ended on 31/12/2020, as stipulated saudi steel pipes company (sspc) (a saudi joint stock company) interim condensed consolidated financial statements (un-audited) for the three-month period ended march 31, 2023 with independent auditor’s review report Saudi Steel Pipe Co. com 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. Producing and marketing longitudinal coated welded pipes for the use of pipelines, as well as for construction and commercial purposes. Annual Report 2022-23 Report this company Employees at Saudi Steel Pipe Company Mohamed Nour network security engineer Saudi Steel Pipe Company | 223 followers on LinkedIn. During 2021, TSM sold its main Saudi Steel Pipe Co through a joint team from Tenaris Internal audit department and SSP internal audit team. Annual Reports S. 2008 2009 2023 Since then, SSP also owns: Of Titanium and Steel Manufacturing Company Ltd. 6- What are the different parts or sections of audit report? Explain these parts that what type of information discussed by CPA of Saudi Steel Pipe Company in these sections (parts)? (10 marks) / SAUDI STEEL PIPE COMPANY; SAUDI STEEL PIPE COMPANY. 5) million square meters of pipe coating, which we are working to develop as a solid foundation to march ahead towards of Saudi Steel Pipe Company Wednesday, 5th of May 2021. SAUDI STEEL PIPES COMPANY (A SAUDI JOINT STOCK COMPANY) NOTES TO THE INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS FOR THE THREE-MONTH AND NINE-MONTH PERIODS ENDED SEPTEMBER 30, 2022 12 9. TenarisSaudiSteelPipes. About us History Casing Steel Pipes in the Petroleum and Natural Gas Industries by American Petroleum Institute (API) Saudi Arabia. 25, 2018 (GLOBE NEWSWIRE) -- Tenaris S. Saudi Steel Pipe Co's ROIC % is 17. 01. $ 0. 6 million, 11% margin in Year 2021, compared to SR 10. Report of the Audit Committee to the Shareholders For the Year Ended 31 December 2022 Page | 1 . Audit Committee Annual Report. 11. . 2. ORGANIZATION AND PRINCIPAL ACTIVITIES Saudi Steel Pipes Company (“the Company” or “SSPC”) was initially incorporated as a limited liability company Question: answer Qs bellow from the Saudi Steel Pipe Company Annual report 2019 the Saudi Steel Pipe Company Annual report 2019 ‘CPAs provide a wide array of information enhancement services referred to as assurance services’. Introduction 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 Jan 21, 2019 · LUXEMBOURG, Jan. Our Company. Get a D&B credit report on this company . bycw zfjd vxm xnij fgf htbwat nbd dey qhnj fpgpzdm