Group Five Pipe Saudi Ltd. reported earnings results for the half year ended June 30, 2022. For the half year, the company reported sales was SAR 58.4 million compared to SAR 477.82 million a year ago. Net loss was SAR 18.73 million compared to net income of SAR 28.83 million a year ago.

Basic loss per share from continuing operations was SAR 0.67 compared to basic earnings per share from continuing operations of SAR 1.03 a year ago.