Arabian Pipes Co.

Trading Name: APC

Trading Number: 2200

Commercial Sector: Materials

Close price

48.05 SAR

Market Value

480.5 (Million)

Paid Capital

100 Million SAR

Multiplier of the book value

4.890

Earnings per share

-3.860

PE

0

Next distribution date

-

Last distribution date

-

Yearly distribution percent

-

Issued shares

10 (Million)

52 Weeks change

HIGHEST

57.20

LOWEST

32.95

Performance

START OF YEAR

40.20

YEAR AGO

65.25

3 YEARS AGO

49.34

Announcement Date Due Date Distribution Date Distribution method Dividend per share
2007-12-29 2008-04-05 2008-04-16 تحويل للحساب 1.500 ريال
About Company

COMPANY OVERVIEW

The company manufactures and markets longitudinally welded steel pipes for oil and gas pipelines, commercial and construction purposes, and markets them for sizes from 6 to 48 inches. The company has the first two factories in Riyadh with an average production capacity of 160,000 tons per year for sizes 6 to 20 inches and Jubail Industrial City with an average production capacity of 300 tons per year for sizes from 20 inches to 48 inches, bringing the average annual factory output to 460,000 tons per year of welded pipes. The company also has a line of pipes for the drilling of wells (CASINGS) and another for packaging and protection of corrosion and has a line to dissect the steel winding and the company has the highest quality certificates such as (API certificate, the certificate of quality ISO9001, ISO14001 environmental certificate and OHSAS 18001 certificate and occupational health and the International Organization Certification (ILAC). The company is accredited by most oil and gas companies in the region and exports its products to the Gulf, Middle East and North Africa countries

COMPANY HISTORY

The Arab Pipe Company was established in 1991, a 100% Saudi joint stock company specialized in the steel pipe industry with a capital of 400 million riyals and the total current investment exceeds 1200 million riyals.