Arabian Steel Pipes Manufacturing Co. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was JOD 2.48 million compared to JOD 2.79 million a year ago. Net income was JOD 0.30428 million compared to JOD 0.37567 million a year ago. Basic earnings per share from continuing operations was JOD 0.034 compared to JOD 0.042 a year ago.
For the six months, sales was JOD 6.31 million compared to JOD 4.12 million a year ago. Net income was JOD 0.584898 million compared to JOD 0.345427 million a year ago. Basic earnings per share from continuing operations was JOD 0.065 compared to JOD 0.038 a year ago.