East Pipes Integrated Company for Industry announces its Annual Financial results for the period ending on 2025-03-31
Element List |
Current Year |
Previous Year |
%Change |
Sales/Revenue |
1,832,845,313 |
1,543,167,801 |
18.77 |
Gross Profit (Loss) |
460,104,275 |
350,559,221 |
31.25 |
Operational Profit (Loss) |
429,802,207 |
324,014,024 |
32.65 |
Net profit (Loss) |
382,123,608 |
267,507,881 |
42.84 |
Total Comprehensive Income |
377,033,602 |
267,972,440 |
40.7 |
Total Shareholders Equity (after Deducting Minority Equity) |
1,134,446,848 |
851,913,246 |
33.16 |
Profit (Loss) per Share |
12.13 |
8.49 |
All figures are in (Actual) Saudi Arabia, Riyals |
Element List |
Amount |
Percentage of the capital (%) |
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value |
– |
– |
All figures are in (Actual) Saudi Arabia, Riyals |
Element List |
Explanation |
The reason of the increase (decrease) in the sales/ revenues during the current year compared to the last year |
East Pipes recorded revenue of SAR 1.8 billion in FY2024-25, compared to a revenue of SAR 1.5 billion in FY2023-24. This is mainly resulting from the increase in sales volume. |
The reason of the increase (decrease) in the net profit during the current year compared to the last year is |
The company recorded net profit of SAR 382 million in FY2024-25, compared to a profit of SAR 268 million in FY2023-24, as a result of upwards change in sales volume as well as the decrease in cost of production per Ton. |
Statement of the type of external auditor’s report |
Unmodified opinion |
Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion) |
None. |
Reclassification of Comparison Items |
None. |
Additional Information |
– |
Attached Documents |
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