East Pipes Integrated Company for Industry announces its Annual Financial results for the period ending on 2026-03-31
| Element List |
Current Year |
Previous Year |
%Change |
| Sales/Revenue |
2,297,739,980 |
1,832,845,313 |
25.36 |
| Gross Profit (Loss) |
646,678,841 |
460,104,275 |
40.55 |
| Operational Profit (Loss) |
614,554,233 |
429,802,207 |
42.98 |
| Net Profit (Loss) Attributable to Shareholders of the Issuer |
573,262,283 |
382,123,608 |
50.02 |
| Total Comprehensive Income Attributable to Shareholders of the Issuer |
571,130,451 |
377,033,602 |
51.48 |
| Total Shareholders Equity (after Deducting Minority Equity) |
1,563,827,299 |
1,134,446,848 |
37.85 |
| Profit (Loss) per Share |
18.2 |
12.13 |
| 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 2.3 billion in FY2025-26, compared to a revenue of SAR 1.8 billion in FY2024-25, This increase is mainly attributed to higher sales volumes in line with scheduled delivery plans and an increase in the average selling price 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 573 million in FY2025-26, compared to a profit of SAR 382 million in FY2024-25, , This increase is driven by higher sales volumes and an increase in the average selling price 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 |
The figures have been reclassified per Note 32 of the FS. |
| Additional Information |
– |
| Attached Documents |
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