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SSP's profit rises in H1 on one-off gain

Saudi Arabia Saudi Arabia

Saudi Steel Pipe Co. (SSP) posted a 9.45pct YoY increase in net profit for the first half of 2025, reaching SAR 162 mln (USD 43.1 mln), according to a stock exchange filing. The company said the profit boost was mainly…

Crescent Steel swings to loss in FY25

Pakistan Pakistan

Pakistan's Crescent Steel and Allied Products Limited posted a net loss of PKR 43.4 mln (USD 0.15 mln) for the fiscal year ending June 30, 2025, compared with a profit of PKR 1.27 bln in the previous year. The company's…

Al Jazeera Steel sees strong profit growth in H1 2025

Oman Oman

Omani steelmaker Al Jazeera Steel Products Co. SAOG reported a strong 60pct YoY jump in net profit for the first half of 2025, according to its unaudited financial results. Net profit rose to OMR 4.12 mln (USD 10.6 mln)…

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