- SSP

Saudi Stock Exchange (Kingdom of Saudi Arabia)
18 Last Update 17/01/2019 17:12 KSA
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  • :18.06
  • :17.92
  • ('000):51,000
  • (SAR '000):918,000
  • :1.1


  • 39,079
  • :160,886
  • :0.24
  • 52-W L52-W H
    18
    15.5823.66
  • 23.92%
  • 15.53%


  • 119

  • (SAR):

    703,054.2
  • (SAR):3,005,510
  • :0.23
  • Performance Comparison

Activities

Saudi Steel Pipe Company (SSP) started its operations as a Limited Liability Company (LLC) in 1980. The main role of the company is to manufacture and sell welded and galvanized steel pipes and tubes all over the country. It also deals with exporting the products to over 20 countries worldwide. SSP changed its status to a publicly listed company in the year 2009, and belongs to the industrial manufacturing sector of Saudi Arabia. It is considered one of the first manufacturers of steel pipes in the country. The higher management of the company comprises of 8 Board of Directors, as well as a Chairman. With its main office in Dammam, SSP has four production lines all over the country that manufacture steel pipes, as well as a factory which is considered to be one of the largest in the region,and which manufactures hot induction bending pipes. In addition to this, SSP also has two galvanizing lines, and its current yearly production capacity is 240,000 metric tons of steel pipes, with different distribution networks set up in order to serve the export market. The company is known to have a wide range of customers,both locally and internationally, belonging to the oil, gas, water and constructionsectors.SSP is committed to continuously engaging in environmentally friendly behavior and ensures that the manufacturing is done in such a manner that it does not hurt the environment. The company plans to continue its strategic performance and introduce new projects that will increase the production capacity. Since last year, the company has announced the transition of its financial statements to begin following the International Financial Reporting Standards (IFRS). In accordance with this, SSP plans to prepare and release its IFRS Statements this year.

  • Vice-chairman:
    Riyad Y. Al Rabiah
  • CEO:
    Ahmad M. Al Dabbasi
  • Managing Director:
    Riyad Y. Al Rabiah
  • Board Members:

    Ahmad H. Al Khanini

    Fahad M. Al Saja

    Hamdan A. Al Hamdan

    Ibrahim M. Al Rashed

    Jin C. Lee

    Mohammad A. Al Khareef

    Moosa A. Al Moosa

  • Auditors:

    KPMG Al Fawzan & Al Sadhan

Saudi Steel Pipe Q1 net income up 26.1 percent (Arab News - 17/04/2013)

Saudi Steel Pipe’s net income for the first quarter increased to SR 23.10 million, which is 26.1 percent ...

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SSP fourth quarter net income increases to SR 14 million (Tadawul - 16/01/2013)

SAUDI STEEL PIPE COMPANY ANNOUNCES ITS INTERIM FINANCIAL RESULTS FOR THE PERIOD ENDED DECEMBER 31, ...

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Saudi Steel Pipes awarded 4 contracts by ARAMCO (Gulfbase.com - 25/08/2012)

Saudi Steel Pipes (SSP) announced on Saturday, August 25th 2012, winning four contracts to supply ...

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Announced On Period As Of Net Profit (SAR Mil) Growth (%)
04/11/2018 9-Month 30/09/2018 -66 0
02/08/2018 6-Month 30/06/2018 -42 0
07/05/2018 3-Month 31/03/2018 -05 0
20/03/2018 12-Month 31/12/2017 19 0
02/11/2017 9-Month 30/09/2017 03 -79.49
Market Cap
US$ Mil
Last Price
Local Cry
Price Change (%)
1 Day
Price Change (%)
1 Year
P/E TTM P/B MRQ Dividend Yield (%) Beta ROA (%) ROE (%)
SABIC 98,018.7 122.6 0 15.49 16.72 2.27 3.43 0.86 6.11 12.03
IQCD 24,381.74 148.9 0.6 35.04 18.72 2.69 4.46 1.14 7.49 0
MAADEN 17,158.11 56 1.08 0.49 43.91 2.46 0 1.08 0.79 2.86
YANSAB 9,983.76 67 1.2 3.28 12.66 2.24 4.88 1.03 12.02 14.2
SAFCO 9,149.82 83 2.46 17.94 27.86 5 2.12 0.76 10.53 12.81
KAYAN 5,668.46 14.08 0.71 22.74 13.35 1.53 0 1.38 1.66 4.8
MPHC 5,281.95 15.45 0.06 15.22 14.89 1.35 4.38 0.81 7.49 0
PETRORABIGH 4,827.83 20.58 0.19 1.63 12.81 1.97 0 1.31 1.6 10.52
PETROCHEM 3,351.5 26.2 0.38 32.29 9.53 1.96 1.91 1.19 1.72 5.97
APPC 2,879.26 54.8 0 25.06 16.45 3.5 5.1 0.85 16.27 23.74
SIIG 2,839.82 23.68 0.25 11.26 8.62 1.67 2.11 1.37 4.18 16.66
NIC 2,834.42 16.04 1.26 -8.49 7.91 1.33 0 1.2 1.5 6.32
ALBH 2,212.13 0.59 0 -4.84 8.32 0.81 1.76 0.75 5.36 0
SIPCHEM 1,885.93 19.4 0.31 6.91 10 1.28 2.59 1.27 2.06 5.99
SPCO 1,875.7 16.12 0.62 -3.49 11.27 1.33 6.23 1.12 8.44 9.35
BPCC 1,647.92 930 -2.62 27.33 84.84 1.83 5.16 0.19 2.33 0
ALQURAIN 1,334.39 388 4.86 4.52 11.88 1.13 2.82 0.18 5.61 9.9
SCCO 535.1 31.55 -0.16 -8.25 15.62 1.32 6.3 0.83 3.83 8.71
CHEMANOL 307.9 9.57 0.1 -6.09 39.82 1.05 0 1.15 -2.71 -5.58
ALKOUT 278.09 840 0 33.33 13.79 2.4 5.66 0.04 18.58 0
TAKWEEN 246.09 9.67 0.1 -5.94 -9.71 1.09 0 1.14 -6.33 -17.39
SSP 245.46 18 -0.45 11.19 -18.29 1.29 0 1.1 -4.7 -8.14
SVCP 199.88 50 -0.8 -12.04 197.08 2.29 6 0.77 7.18 8.58
YAMAMAHSTEEL 193.33 14.28 -0.14 -43.14 44.46 1.08 10.5 0.88 8.27 15.4
NAMA 173.94 27.85 2.76 51.4 10.98 2.33 0 1.17 -50.3 -271.83
ASLAK 169.54 14.5 0 -9.83 24.77 1.24 6.9 1.11 4.68 5.21
OASIS 166.3 41.85 -0.12 -14.91 28.28 3.31 2.4 0.54 11.27 25.49
BCI 166.22 23 1.86 4.83 11.27 1.32 3.21 0.66 5.87 8.22
KFOUC 132.02 262 0 15.93 227.33 0.86 12.07 0.21 3.52 0
NMMCC 129.61 17.28 0.34 -12.5 -60.66 1.26 1.45 1.12 -1.95 -2.68
NBM 107.45 80 19.04 0 0 0 0 0 0 0
FIPCO 105.73 34.05 -1.17 6.46 246.43 2.17 1.45 1.08 3.11 4.03
APC 105 9.72 -1.62 -18.01 -11.06 0.63 0 0.96 0.53 1.11
ATMI 89.68 0.28 0 -6.1 7.27 0.82 0 1.16 5.07 0
SPM 86.06 13.28 1.52 -12.94 -3.69 1.82 0 1.24 -3.38 -13.76
PAPER 60.89 187 0 -25.2 12.72 1 7.04 0.02 7.29 0
OCHL 55.08 0.31 0 -29.09 16.6 0.82 4.17 0.07 1.88 0
ALOMRAN 38.38 24 0 0 23.86 1.32 0 0.01 0 0
NAPI 30.46 0.35 0 131.79 10.64 1.6 2.41 0.33 -2.04 0
OCCI 28.31 3.64 0 0.14 18.13 2.73 3.24 -0.02 17.28 0
OPCI 22.7 0.27 0 -3.57 17.53 1.28 10.91 0 10.32 0
MGCI 19.61 0.18 0 11.11 -5.33 1.06 3.43 0.04 -15.04 0
PCLI 17.19 2.21 0 0 -29.04 1.35 0 0.15 5.56 0
MGMC 16.18 0.21 0 -58.73 4.68 0.81 6.98 0.08 4.99 0
MRC 15.27 46 -25.69 -17.36 -13.11 0.32 0 0.13 0.73 0
ALSAMAANI 12.26 40.9 0 0 10.86 1.2 2.27 0.02 0 0
GICI 8.87 0.16 0 -29.13 8.15 1.19 6.36 0.65 9.2 0
CSII 6.74 0.26 0 4 43.33 1.12 0 0 3.81 0
ABMI 0.16 0.06 0 0 -0.24 -0.03 0 0 -19.11 0