Arabian Pipes Nine-Month Profit Drops 65.5%
Riyadh, Saudi Arabia — Arabian Pipes Co. reported a sharp drop in profitability for the nine months ending September 30, 2026. Net profit fell 65.5% year-on-year to 35.27 million SAR, down from 102.37 million SAR in the same period of 2025. Geopolitical disruptions and rising shipping costs hammered both revenue and margins across every line […] The post Arabian Pipes Nine-Month Profit Drops…
We haven't written up this one. The Saudi Standard has the full story — the link below goes straight to it.
