- SSP

Saudi Stock Exchange (Kingdom of Saudi Arabia)

15.03 Last Update 16/11/2017 16:39 KSA

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  • :15.48
  • :15.02
  • ('000):51,000
  • (SAR '000):766,530
  • :1.12


  • 18,201
  • :67,836
  • :0.27
  • 52-W L52-W H
    15.03
    1420.3
  • 25.96%
  • 7.36%


  • 41

  • (SAR):

    277,207.98
  • (SAR):1,115,051
  • :0.25
  • Performance Comparison

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.

  • Chairman:
    Khaled A. Al Rabiah
  • 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 ...

Read More ...

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Announced On Period As Of Net Profit (SAR Mil) Growth (%)
02/11/2017 9-Month 30/09/2017 03 -79.49
26/07/2017 6-Month 30/06/2017 18 54.84
09/05/2017 3-Month 31/03/2017 10 19.84
19/01/2017 12-Month 31/12/2016 -46 0
19/10/2016 9-Month 30/09/2016 20 -54.02
  • [email protected]
  • www.sspipe.com
  • P.O. Box 11680 Dammam 31463
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 79,760.16 99.69 0.19 17.9 15.38 1.85 4.01 1.08 6.11 12.03
MAADEN 17,494.08 56.22 1 45.59 87.88 2.51 0 1.24 0.79 2.86
IQCD 14,686.96 96 2.1 -6.17 21.98 1.71 3.55 1.15 7.49 0
YANSAB 8,301.69 55.19 -2.29 21.49 14.41 1.95 5.42 1.15 10.98 13.55
SAFCO 6,471.29 58.2 0.83 -16.29 22 3.57 4.29 0.75 13.31 16.24
MPHC 3,587.66 10.91 -1.36 -26.8 12.81 0.97 4.1 0.8 7.49 0
KAYAN 3,584.41 8.97 -0.89 14.12 13.98 0.95 0 1.37 2.34 6.81
PETRORABIGH 3,187.79 13.67 -0.66 32.69 12.4 1.3 3.66 1.34 1.6 10.52
NIC 2,601.7 14.57 0.48 -9.54 19.35 1.22 0 1.21 1.5 6.32
APPC 2,374.89 45.3 0 10.54 12.15 2.88 5.74 1.03 16.27 23.74
SIIG 2,294.5 19.27 -1.34 35.62 8.08 1.35 2.61 1.32 4.18 16.66
ALBH 2,257.03 0.6 0 91.46 10.4 0.83 3.49 0.92 5.36 0
PETROCHEM 2,117.56 16.56 -0.96 -4.4 20.76 1.24 0 1.26 1.72 5.97
SPCO 1,678.61 14.36 -1.51 38.33 12.76 1.23 5.22 1.14 7.55 8.55
SIPCHEM 1,445.66 14.75 0.27 -4.23 16.36 0.98 4.05 1.18 2.06 5.99
ALQURAIN 1,157.8 326 -0.31 54.25 10.03 1.01 2.98 0.87 5.82 10.36
BPCC 1,111.62 639 0.15 37.2 30.89 1.22 6.12 0.75 2.35 0
SCCO 510.47 30.29 0.29 -4.7 14.51 1.26 4.95 1.06 3.83 8.71
YAMAMAHSTEEL 292.59 21.63 -1.82 -10.04 10.6 1.63 0 1.01 8.27 15.4
TAKWEEN 236.38 9.32 -0.22 -19.55 -6.05 1.05 0 1.22 -6.33 -17.39
CHEMANOL 235.5 7.31 0 20.03 -14.39 0.8 0 1.2 -2.71 -5.58
SSP 204.07 15.03 -2.79 4.67 -13.16 1.07 3.33 1.12 -4.7 -8.14
OASIS 194.61 48.67 -0.31 0 15.19 3.87 0 0.18 11.27 25.49
SVCP 189.01 47.03 9.37 -27.85 25.3 2.17 5.29 0.8 7.18 8.58
ALKOUT 178.45 590 0 3.51 7.58 1.78 7.17 0.05 16.76 0
ASLAK 174.62 14.93 -1.46 -31.14 24.59 1.28 11.04 1.16 4.68 5.21
NMMCC 146.79 19.24 -2.88 5.77 -53.13 1.43 2.55 1.27 -1.95 -2.68
KFOUC 139.77 276 7.39 47.7 24.95 0.93 0 0.75 3.54 0
BCI 137.58 18.78 0.58 -22.43 13.27 1.09 5.32 0.91 5.87 8.22
APC 111.04 10.4 -2.54 -23.29 60.37 0.68 0 1.03 0.39 0.76
NAMA 110.9 17.62 -1.79 -40.42 -0.55 1.49 0 1.29 -50.3 -271.83
FIPCO 98.04 31.99 -1.42 1.85 50.02 2.02 3.12 1.21 3.11 4.03
SPM 88.47 7.38 -2.39 -18.71 -7.42 1.02 0 1.31 -3.38 -13.76
ATMI 82.43 0.26 0 12.33 8.33 0.76 0 1.09 5.07 0
PAPER 81.81 270 8 -25.6 14.53 1.36 6.36 0.25 7.66 0
OCHL 70.35 0.44 0 -10.93 18.57 1.16 4.17 0.01 1.88 0
MGMC 43.33 0.56 0 -1.41 34.44 2.18 6.98 0.03 4.99 0
OCCI 28.23 3.64 0 0.97 14.12 2.73 3.24 0.09 17.28 0
OPCI 23.51 0.28 0 -6.67 7.78 1.32 10.91 0 10.32 0
ALOMRAN 23.18 15.16 4.55 0 0 0.8 0 0 0 0
MRC 19.83 80 0 21.21 35.14 0.42 0 0.5 0.62 0
MGCI 17.62 0.16 0 -14.74 -3.62 0.95 3.43 0.16 -15.04 0
PCLI 17.16 2.21 0 9.95 10.52 1.35 0 0.08 5.56 0
ALSAMAANI 17.03 56.44 -0.66 0 0 1.72 0 0 0 0
NAPI 14.34 0.16 0 -16.24 -9.22 0.75 2.41 0.67 -2.04 0
GICI 11.31 0.21 0.48 -19.69 14.34 1.58 6.36 1.15 10.55 0
CSII 6.47 0.25 0 0 22.32 1.08 0 0 3.81 0