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East Pipes Integrated Co for Industry (SAU:1321) Net Income : ﷼268 Mil (TTM As of Mar. 2024)


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What is East Pipes Integrated Co for Industry Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. East Pipes Integrated Co for Industry's Net Income for the three months ended in Mar. 2024 was ﷼180 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was ﷼268 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. East Pipes Integrated Co for Industry's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was ﷼5.70.


East Pipes Integrated Co for Industry Net Income Historical Data

The historical data trend for East Pipes Integrated Co for Industry's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

East Pipes Integrated Co for Industry Net Income Chart

East Pipes Integrated Co for Industry Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Net Income
148.27 -3.25 99.92 267.51

East Pipes Integrated Co for Industry Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 36.94 -18.56 20.79 85.72 179.56

East Pipes Integrated Co for Industry Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

East Pipes Integrated Co for Industry's Net Income for the fiscal year that ended in Mar. 2024 is calculated as

Net Income(A: Mar. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=296.861+-29.353+0+0
=268

East Pipes Integrated Co for Industry's Net Income for the quarter that ended in Mar. 2024 is calculated as

Net Income(Q: Mar. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=196.451+-16.894+0+0
=180

Net Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ﷼268 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


East Pipes Integrated Co for Industry  (SAU:1321) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

East Pipes Integrated Co for Industry's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


East Pipes Integrated Co for Industry Net Income Related Terms

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East Pipes Integrated Co for Industry (SAU:1321) Business Description

Traded in Other Exchanges
N/A
Address
Street No 89, 2nd Industrial City, P.O Box 12943, P. Code 31483, Dammam, SAU
East Pipes Integrated Co for Industry is engaged in the manufacturing of Helical Submerged Arc Welded (HSAW) pipes. It produces pipes that transport Water, Oil, and Gas, according to a wide range of diameters of spiral pipes. The firm provides coating services on pipes provided by the customers and generates revenue from the same. The business operating assets of the firm are located in the Kingdom of Saudi Arabia.

East Pipes Integrated Co for Industry (SAU:1321) Headlines

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