01:51 AM EDT, 08/06/2026 (MT Newswires) -- Saudi Steel Pipe Co. (SASE:1320) said Thursday that its net profit and revenue dropped year over year for the first half of 2026. Net profit attributable to shareholders for the six months ended June 30 was 82 million Saudi riyals, compared with 121 million riyals earlier. EPS moved to 1.6 riyals from 2.4 riyals. The welded steel pipes manufacturer's revenue was 692 million riyals, compared with 790 million riyals a year ago.

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