‎Arabian Pipes maintains market share of 40-45% in oil, gas sectors

‎Arabian Pipes maintains market share of 40-45% in oil, gas sectors ‎Arabian Pipes maintains market share of 40-45% in oil, gas sectors

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Arabian Pipes Co. (APC) maintains a market share of 40-45% in the projects and supplies that rely on the oil and gas sectors, as well as other industries, CEO Ahmed Al-Lohaidantold Argaam in an interview.

The positive results for 2024 reflect the company’s efficiency, as well as its technical and commercial ability to win and implement basic projects according to the highest quality standards. APC generated revenue of SAR 1.13 billion in 2024, an increase of 4.5% from SAR 1.08 billion a year earlier.

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The company’s success in managing raw material supply chains, the efficient delivery of final products in accordance with supply schedules, and improving the utilization of production capacity contributed to these outstanding results.

He explained that the sales volume for 2024 reflects the projects the company secured in previous periods and executed over the past year, exceeding SAR 1.10 billion.

The company’s CEO expects the continued launch of new projects in the coming period, aligning with the broader vision for gas and clean energy projects, in addition to completing ongoing projects.

 

Arabian Pipes Co. (APC) maintains a market share of 40-45% in the projects and supplies that rely on the oil and gas sectors, as well as other industries, CEO Ahmed Al-Lohaidantold Argaam in an interview.

The positive results for 2024 reflect the company’s efficiency, as well as its technical and commercial ability to win and implement basic projects according to the highest quality standards. APC generated revenue of SAR 1.13 billion in 2024, an increase of 4.5% from SAR 1.08 billion a year earlier.

The company’s success in managing raw material supply chains, the efficient delivery of final products in accordance with supply schedules, and improving the utilization of production capacity contributed to these outstanding results.

He explained that the sales volume for 2024 reflects the projects the company secured in previous periods and executed over the past year, exceeding SAR 1.10 billion.

The company’s CEO expects the continued launch of new projects in the coming period, aligning with the broader vision for gas and clean energy projects, in addition to completing ongoing projects.

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