Saudi Steel Pipes Company SJSC
SAU:1320
Income Statement
Earnings Waterfall
Saudi Steel Pipes Company SJSC
Revenue
|
1.6B
SAR
|
Cost of Revenue
|
-1.2B
SAR
|
Gross Profit
|
398.8m
SAR
|
Operating Expenses
|
-91.7m
SAR
|
Operating Income
|
307.2m
SAR
|
Other Expenses
|
-126.5m
SAR
|
Net Income
|
180.6m
SAR
|
Income Statement
Saudi Steel Pipes Company SJSC
Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
858
N/A
|
882
+3%
|
912
+3%
|
850
-7%
|
852
+0%
|
798
-6%
|
669
-16%
|
612
-9%
|
605
-1%
|
538
-11%
|
549
+2%
|
621
+13%
|
696
+12%
|
726
+4%
|
720
-1%
|
652
-9%
|
646
-1%
|
664
+3%
|
670
+1%
|
701
+5%
|
672
-4%
|
599
-11%
|
495
-17%
|
488
-2%
|
509
+4%
|
458
-10%
|
488
+7%
|
421
-14%
|
373
-11%
|
465
+25%
|
589
+26%
|
710
+21%
|
748
+5%
|
730
-2%
|
880
+20%
|
993
+13%
|
1 335
+34%
|
1 683
+26%
|
1 794
+7%
|
1 857
+4%
|
1 630
-12%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(761)
|
(777)
|
(801)
|
(741)
|
(756)
|
(703)
|
(597)
|
(551)
|
(549)
|
(495)
|
(500)
|
(558)
|
(603)
|
(633)
|
(650)
|
(618)
|
(648)
|
(671)
|
(675)
|
(694)
|
(658)
|
(593)
|
(506)
|
(477)
|
(484)
|
(440)
|
(450)
|
(397)
|
(346)
|
(412)
|
(512)
|
(611)
|
(640)
|
(628)
|
(713)
|
(792)
|
(1 051)
|
(1 316)
|
(1 415)
|
(1 424)
|
(1 231)
|
|
Gross Profit |
97
N/A
|
105
+8%
|
111
+6%
|
109
-2%
|
96
-12%
|
95
0%
|
73
-24%
|
62
-15%
|
56
-9%
|
43
-23%
|
49
+15%
|
63
+28%
|
93
+49%
|
92
-1%
|
69
-25%
|
33
-52%
|
(2)
N/A
|
(6)
-205%
|
(5)
+20%
|
7
N/A
|
13
+90%
|
5
-61%
|
(11)
N/A
|
11
N/A
|
25
+132%
|
18
-27%
|
38
+110%
|
24
-37%
|
27
+14%
|
54
+97%
|
76
+42%
|
99
+30%
|
107
+8%
|
102
-5%
|
167
+64%
|
201
+20%
|
283
+41%
|
366
+29%
|
379
+3%
|
433
+14%
|
399
-8%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(50)
|
(52)
|
(53)
|
(53)
|
(55)
|
(58)
|
(56)
|
(54)
|
(53)
|
(97)
|
(97)
|
(52)
|
(48)
|
(71)
|
(45)
|
(48)
|
(49)
|
(122)
|
(99)
|
(99)
|
(47)
|
(61)
|
(65)
|
(62)
|
(56)
|
(39)
|
(34)
|
(33)
|
(33)
|
(34)
|
(33)
|
(34)
|
(38)
|
(46)
|
(55)
|
(57)
|
(58)
|
(27)
|
(57)
|
(84)
|
(92)
|
|
Selling, General & Administrative |
(50)
|
(52)
|
(53)
|
(53)
|
(49)
|
(56)
|
(54)
|
(52)
|
(49)
|
(47)
|
(46)
|
(44)
|
(44)
|
(45)
|
(45)
|
(48)
|
(48)
|
(48)
|
(48)
|
(47)
|
(46)
|
(60)
|
(63)
|
(61)
|
(53)
|
(38)
|
(34)
|
(34)
|
(33)
|
(37)
|
(37)
|
(38)
|
(37)
|
(48)
|
(56)
|
(62)
|
(66)
|
(69)
|
(70)
|
(92)
|
(94)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(3)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
(2)
|
(2)
|
(3)
|
(1)
|
(51)
|
(51)
|
(8)
|
(2)
|
(26)
|
(1)
|
(0)
|
1
|
(73)
|
(50)
|
(52)
|
1
|
(0)
|
(3)
|
(1)
|
(0)
|
(1)
|
0
|
1
|
3
|
4
|
4
|
4
|
3
|
2
|
1
|
5
|
10
|
42
|
13
|
8
|
6
|
|
Operating Income |
47
N/A
|
53
+12%
|
58
+9%
|
56
-3%
|
41
-27%
|
38
-8%
|
16
-57%
|
7
-55%
|
3
-55%
|
(54)
N/A
|
(47)
+13%
|
11
N/A
|
46
+314%
|
21
-54%
|
24
+14%
|
(14)
N/A
|
(51)
-254%
|
(128)
-152%
|
(104)
+19%
|
(92)
+11%
|
(33)
+64%
|
(56)
-66%
|
(76)
-36%
|
(51)
+33%
|
(31)
+39%
|
(21)
+34%
|
4
N/A
|
(9)
N/A
|
(5)
+40%
|
20
N/A
|
44
+116%
|
66
+49%
|
70
+6%
|
56
-19%
|
112
+99%
|
144
+28%
|
225
+57%
|
339
+51%
|
322
-5%
|
349
+9%
|
307
-12%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(22)
|
(20)
|
(16)
|
(13)
|
(9)
|
(5)
|
(2)
|
6
|
10
|
15
|
13
|
4
|
2
|
(13)
|
(15)
|
(13)
|
(12)
|
(4)
|
(2)
|
(4)
|
(5)
|
(6)
|
(4)
|
(3)
|
(7)
|
(5)
|
(9)
|
(10)
|
(12)
|
(10)
|
(11)
|
(10)
|
(2)
|
(1)
|
(5)
|
(17)
|
(27)
|
(42)
|
(43)
|
(38)
|
(31)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(53)
|
0
|
0
|
(69)
|
(24)
|
0
|
(47)
|
(21)
|
(73)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
31
|
31
|
31
|
0
|
0
|
0
|
0
|
|
Total Other Income |
0
|
(0)
|
(2)
|
(2)
|
(2)
|
(2)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
0
|
(30)
|
(30)
|
(30)
|
(30)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(10)
|
|
Pre-Tax Income |
25
N/A
|
32
+28%
|
40
+23%
|
41
+4%
|
30
-28%
|
31
+3%
|
14
-56%
|
14
-1%
|
(40)
N/A
|
(39)
+2%
|
(34)
+12%
|
(54)
-57%
|
23
N/A
|
8
-66%
|
(37)
N/A
|
(48)
-28%
|
(166)
-248%
|
(162)
+3%
|
(136)
+16%
|
(126)
+7%
|
(40)
+68%
|
(62)
-54%
|
(80)
-29%
|
(55)
+32%
|
(35)
+36%
|
(26)
+27%
|
(5)
+80%
|
(19)
-277%
|
(18)
+9%
|
10
N/A
|
33
+230%
|
55
+69%
|
65
+17%
|
56
-14%
|
137
+147%
|
157
+14%
|
224
+43%
|
297
+32%
|
279
-6%
|
311
+11%
|
266
-15%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
0
|
0
|
0
|
0
|
0
|
(2)
|
(4)
|
(5)
|
(5)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(3)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
14
|
17
|
17
|
15
|
1
|
(2)
|
(1)
|
0
|
(0)
|
(4)
|
(7)
|
(10)
|
(10)
|
(9)
|
(15)
|
(14)
|
(7)
|
(10)
|
(7)
|
(13)
|
(15)
|
|
Income from Continuing Operations |
25
|
32
|
40
|
41
|
30
|
29
|
10
|
9
|
(45)
|
(44)
|
(39)
|
(59)
|
19
|
4
|
(41)
|
(50)
|
(169)
|
(163)
|
(137)
|
(127)
|
(27)
|
(45)
|
(63)
|
(39)
|
(34)
|
(28)
|
(6)
|
(19)
|
(18)
|
6
|
25
|
45
|
55
|
47
|
122
|
143
|
217
|
287
|
271
|
298
|
250
|
|
Income to Minority Interest |
6
|
6
|
7
|
7
|
4
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
(16)
|
(44)
|
(64)
|
(81)
|
(83)
|
(70)
|
|
Net Income (Common) |
31
N/A
|
39
+24%
|
47
+20%
|
48
+3%
|
33
-30%
|
31
-9%
|
10
-67%
|
7
-28%
|
(45)
N/A
|
(44)
+4%
|
(39)
+11%
|
(59)
-51%
|
19
N/A
|
4
-80%
|
(41)
N/A
|
(50)
-24%
|
(169)
-236%
|
(163)
+3%
|
(137)
+16%
|
(127)
+7%
|
(27)
+79%
|
(45)
-67%
|
(62)
-38%
|
(38)
+38%
|
(34)
+9%
|
(25)
+27%
|
(6)
+75%
|
0
N/A
|
1
+832%
|
24
+2 469%
|
44
+83%
|
45
+2%
|
54
+21%
|
46
-15%
|
119
+158%
|
127
+7%
|
173
+36%
|
223
+29%
|
190
-15%
|
215
+13%
|
181
-16%
|
|
EPS (Diluted) |
0.62
N/A
|
0.76
+23%
|
0.91
+20%
|
0.94
+3%
|
0.66
-30%
|
0.6
-9%
|
0.2
-67%
|
0.14
-30%
|
-0.89
N/A
|
-0.87
+2%
|
-0.78
+10%
|
-1.17
-50%
|
0.37
N/A
|
0.07
-81%
|
-0.81
N/A
|
-1
-23%
|
-3.34
-234%
|
-3.23
+3%
|
-2.7
+16%
|
-2.5
+7%
|
-0.53
+79%
|
-0.89
-68%
|
-1.22
-37%
|
-0.75
+39%
|
-0.68
+9%
|
-0.49
+28%
|
-0.12
+76%
|
0
N/A
|
0.01
N/A
|
0.47
+4 600%
|
0.86
+83%
|
0.9
+5%
|
1.09
+21%
|
0.93
-15%
|
2.36
+154%
|
2.49
+6%
|
3.4
+37%
|
4.39
+29%
|
3.73
-15%
|
4.22
+13%
|
3.54
-16%
|