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Spain’s Tubacex reports record 2022 results in line with expectations

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       During this period, the company’s sales reached 714.7 million euros, almost double the level of 2021, while net profit reached 20.2 million euros.
       As expected, the company posted record profitability and liquidity despite an uncertain global economic environment and inflation.
        In addition, Tubacex will build a pipe processing and cutting plant in Abu Dhabi, which will be commissioned in 2024. Tubacex currently has new manufacturing centers operating in Guyana, Kazakhstan, Brazil and the USA.


Post time: Mar-27-2023