Group Five Pipe Saudi Company reported earnings results for the half year ended June 30, 2023. For the half year, the company reported sales was SAR 311.48 million compared to SAR 58.4 million a year ago. Net income was SAR 9.68 million compared to net loss of SAR 18.73 million a year ago.

Basic earnings per share from continuing operations was SAR 0.35 compared to basic loss per share from continuing operations of SAR 0.67 a year ago.