- SSP

Saudi Stock Exchange (Kingdom of Saudi Arabia)
21.38 Last Update 18/09/2018 17:16 KSA
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  • :21.82
  • :21.2
  • ('000):51,000
  • (SAR '000):1,090,380
  • :1.1


  • 326,152
  • :444,740
  • :0.73
  • 52-W L52-W H
    21.38
    1423.66
  • 9.64%
  • 52.71%


  • 543

  • (SAR):

    6,999,429.76
  • (SAR):9,412,101
  • :0.74
  • 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 (%)
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
26/07/2017 6-Month 30/06/2017 18 54.84
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 93,790.86 118.6 1.54 14.87 16.24 2.18 3.58 0.86 6.11 12.03
IQCD 20,750.01 123 -1.53 41.93 17.93 2.27 4.46 1.11 7.49 0
MAADEN 15,496.05 48.9 -2.59 -5.69 46.98 2.22 0 1.09 0.79 2.86
YANSAB 10,635.36 70.9 1.28 21.55 13.9 2.39 4.58 0.99 12.02 14.2
SAFCO 8,654.74 77.1 -0.52 24.68 36.17 4.74 2.24 0.72 10.53 12.81
KAYAN 6,423.16 16.18 -0.62 77.92 16.06 1.73 0 1.38 1.66 4.8
MPHC 5,588.76 16.17 -0.19 25.29 15.83 1.42 4.38 0.79 7.49 0
PETRORABIGH 5,066.82 21.94 -0.1 63.39 10.13 2.07 0 1.32 1.6 10.52
NIC 3,331.06 18.84 1.29 18.47 9.8 1.57 0 1.17 1.5 6.32
PETROCHEM 3,272.29 26.35 1.34 44.52 10.15 1.92 1.95 1.17 1.72 5.97
SIIG 3,091.74 26.2 3.55 19.4 10.14 1.81 1.94 1.34 4.18 16.66
APPC 2,840.42 54.3 0.36 17.63 16.08 3.45 5.17 0.87 16.27 23.74
ALBH 2,364.43 0.63 0 26.51 7.97 0.87 1.76 0.85 5.36 0
SPCO 1,925.71 16.64 0.84 18.03 11.64 1.37 6.07 1.08 8.44 9.35
SIPCHEM 1,876.7 19.54 1.03 25.02 10.86 1.27 2.6 1.25 2.06 5.99
BPCC 1,824.09 1,034 -1.72 59.39 101.41 2.01 5.16 0.19 2.33 0
ALQURAIN 1,203.14 330 -0.61 -2.64 10.67 1.01 2.82 0.19 5.61 9.9
SCCO 545.64 32.5 0.15 -9.18 14.34 1.35 6.17 0.85 3.83 8.71
CHEMANOL 358.41 11.14 -0.54 57.52 -402.89 1.22 0 1.16 -2.71 -5.58
SSP 292.81 21.38 -0.75 27.61 -27.04 1.54 0 1.1 -4.7 -8.14
TAKWEEN 259.06 10.28 -0.39 -13.86 -6.73 1.15 0 1.16 -6.33 -17.39
ALKOUT 226.21 680 0 9.68 11.17 1.94 5.66 0.02 18.58 0
YAMAMAHSTEEL 223.21 16.3 0.24 -34.25 51.37 1.25 9.09 0.84 8.27 15.4
SVCP 182.95 45.7 0 -0.09 188.32 2.1 6.55 0.71 7.18 8.58
ASLAK 181.8 15.5 -1.15 -13.85 21.06 1.33 6.43 1.15 4.68 5.21
BCI 164.04 22.22 -0.36 2.86 11.34 1.3 3.25 0.64 5.87 8.22
OASIS 155.39 38.75 0 -20.55 19.63 3.09 2.57 0.45 11.27 25.49
NAMA 151.82 24.5 1.74 19.5 10.06 2.03 0 1.19 -50.3 -271.83
NMMCC 135.05 18.2 0 -18.28 -42.69 1.31 1.39 1.2 -1.95 -2.68
FIPCO 113.62 37.1 0.27 6.11 151.61 2.34 1.35 1.12 3.11 4.03
APC 108.44 10.16 -0.2 -25.15 -33.56 0.65 0 1 0.53 1.11
KFOUC 98.74 195 0 -36.48 169.31 0.64 12.07 0.21 3.52 0
ATMI 91.33 0.28 0 15.1 6.64 0.84 0 1.2 5.07 0
SPM 77.64 11.8 -0.85 37.41 -6.63 1.65 0 1.33 -3.38 -13.76
PAPER 73.61 225 0 -27.42 0 1.2 7.04 0.02 7.29 0
NBM 70.3 44 0 0 0 0 0 0 0 0
OCHL 55.81 0.32 0 -28.18 20.13 0.83 4.17 0.05 1.88 0
NAPI 32.56 0.38 1.6 126.67 18.79 1.71 2.41 0.38 -2.04 0
OCCI 28.32 3.64 0 0 18.83 2.73 3.24 -0.02 17.28 0
OPCI 23.55 0.28 0 0 13.15 1.32 10.91 -0.02 10.32 0
ALOMRAN 23.33 14.6 0 0 14.52 0.8 0 0.01 0 0
MGMC 22.02 0.28 0 -49.28 6.26 1.11 6.98 0.06 4.99 0
MGCI 19.61 0.18 0 0 -4.96 1.06 3.43 0.02 -15.04 0
PCLI 17.19 2.21 0 0 -96.09 1.35 0 0.15 5.56 0
MRC 16.85 68 0 -27.66 -14.39 0.35 0 0.17 0.73 0
ALSAMAANI 13.48 45 0 0 0 1.32 2.27 0.02 0 0
GICI 10.67 0.2 0 -12.89 7.72 1.43 6.36 0.73 9.2 0
CSII 6.74 0.26 0 4 38.81 1.12 0 0 3.81 0
ABMI 0.16 0.06 0 0 -0.23 -0.03 0 0 -19.11 0