Arabian Pipes Co. announces its Interim Financial results for the Period Ending on 2025-06-30 ( Six Months )

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	254.42	345.92	-26.451	248.93	2.205
Gross Profit (Loss)	62.3	88.11	-29.292	63.65	-2.12
Operational Profit (Loss)	45.95	73.94	-37.855	50.8	-9.547
Net profit (Loss)	34.43	57.05	-39.649	40.17	-14.289
Total Comprehensive Income	34.43	57.05	-39.649	40.17	-14.289
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Sales/Revenue	503.35	657.08	-23.395
Gross Profit (Loss)	125.96	185.77	-32.195
Operational Profit (Loss)	96.74	144.6	-33.098
Net profit (Loss)	74.6	111.83	-33.291
Total Comprehensive Income	74.6	111.83	-33.291
Total Shareholders Equity (after Deducting Minority Equity)	453.42	344.95	31.445
Profit (Loss) per Share	0.37	0.56
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Amount	Percentage of the capital (%)
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value	-	-
Accumulated Losses	-	-
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Explanation
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is	The company recorded revenues amounting to SAR 254.42 million in Q2 2025, compared to SAR 345.92 million in Q2 2024 equivalent to a decrease of 26.45%. This is mainly due to the decrease in sales volume.
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is	The company net profit recorded amounting to SAR 34.43 million in Q2 2025, compared to a net profit of SAR 57.05 million in Q2 2024 equivalent to a decrease of 39.64%. This decrease is primarily due to:

* Gross profit decreased to SAR 62.30 million in Q2 2025, compared to SAR 88.11 million in Q2 2024 a decrease of 29.28%, primarily due to the decrease in sales volume.The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is The company Revenue recorded amounting to SAR 254.42 million in Q2 2025, compared to SAR 248.93 million in the previous quarter (Q1 2025) representing an increase of 2.20%. This is due to the increase in sales volume.The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is The company Net profit recorded amounting to SAR 34.43 million in Q2 2025 compared to SAR 40.17 million in the previous quarter (Q1 2025), representing a decrease of 14.29%. This was mainly due to:

*Decrease in gross profit, which decreased to SAR 62.30 million in Q2 2025 versus SAR 63.65 million in Q1 2025, decrease of 2.12%. This is due to changes in sales mix.The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is The company recorded revenues amounting to SAR 503.35 million in current period of 2025, compared to SAR 657.08 million in previous period of 2024 equivalent to a decrease of 23.40%. This is mainly due to the decrease in sales volume.The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is The company net profit recorded amounting to SAR 74.60 million in current period of 2025, compared to a net profit of SAR 111.83 million in previous period of 2024 equivalent to a decrease of 33.29%. This decrease is primarily due to:

*Decrease in Gross profit to SAR 125.96 million in current period of 2025, compared to SAR 185.77 million in previous period of 2024 a decrease of 32.20%. Due to changes in the sales mix and supply schedules.Statement of the type of external auditor's report Unmodified conclusionComment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion) NothingReclassification of Comparison Items NothingAdditional Information AttachmentAttached Documents

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