Element List Current Year Previous Year %Change
Sales/Revenue 1,543,167,801 1,438,646,383 7.26
Gross Profit (Loss) 350,559,221 155,799,702 125.01
Operational Profit (Loss) 324,014,024 133,036,710 143.55
Net profit (Loss) 267,507,881 99,920,835 167.72
Total Comprehensive Income 267,972,440 100,450,678 166.77
Total Share Holders Equity (After Deducting the Minority Equity) 851,913,246 615,440,806 38.42
Profit (Loss) per Share 8.49 3.17
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 1.5 billion in FY2023-24, compared to a revenue of SAR 1.4 billion in FY2022-23. This is mainly resulting from the increase in average sales prices per Ton.
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 268 million in FY2023-24, compared to a profit of SAR 100 million in FY2022-23, as a result of a sustained rise in average sales prices 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