Saudi marketUpdated November 5

Saudi Steel Pipe profit rises 3.85% in Q3.

Saudi Steel Pipe Company reported third-quarter 2026 net profit of $7.20 million, compared with $6.93 million a year earlier. That’s an increase of $270,000, or 3.85%. The gain is real, but measured: the company ended the quarter with a little more profit, not a dramatic jump.

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Coverage started November 5