East Pipes Integrated Company for Industry Announces an update on the Company announcement of the capital investment of strategic material handling assets

By |2026-03-31T14:32:46+00:00March 31st, 2026|

Element ListExplanation Introduction Further to the announcement of East Pipes Integrated Company for Industry published on January 18, 2026, regarding its intention to enter into contracts with one or more parties for the supply of equipment, the company would like to disclose the latest developments related to the project. Previous Announcement East Pipes Integrated Company

East Pipes Integrated company for Industry announces that it has received a letter from one of its shareholders who owns more than (5%) of the company’s shares informing about the transfer of ownership of shares.

By |2026-03-24T13:32:02+00:00March 24th, 2026|

Element ListExplanationAnnouncement Detail The East Pipes Integrated Company for Industry announces that it has received a letter dated 24 March 2026 regarding the completion of the transfer of ownership of 6,930,000 shares in the Company, representing 22.0% of its total share capital, from Welspun Mauritius Holdings Ltd (the “Seller”) to Welspun Pipes, Inc USA (the

East Pipes Integrated Company for Industry Announces an update on Establishment of a new production line for Helical Submerged Arc Welded (HSAW) steel pipes

By |2026-03-15T05:32:06+00:00March 15th, 2026|

Element ListExplanation Introduction Further to the announcement by East Pipes Company published on 9 February 2025 regarding the establishment of a new production line for Helical Submerged Arc Welded (HSAW) steel pipes at the company’s factory in the Second Industrial City in Dammam, the company would like to disclose the latest developments related to the

East Pipes Integrated Company for Industry announces its Interim Financial results for the Period Ending on 2025-12-31 ( Nine Months )

By |2026-01-26T13:31:41+00:00January 26th, 2026|

Element ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% ChangeSales/Revenue 640,730,104527,902,50221.372570,874,79412.236 Gross Profit (Loss) 178,308,070135,748,80431.351173,073,3733.024 Operational Profit (Loss) 177,686,808128,637,78238.129170,062,9464.482 Net Profit (Loss) Attributable to Shareholders of the Issuer 160,001,072112,443,74842.294158,580,5930.895 Total Comprehensive Income Attributable to Shareholders of the Issuer 159,106,739111,785,21142.332157,617,5320.944 All figures are in (Actual) Saudi Arabia, Riyals Element ListCurrent PeriodSimilar period for previous year%ChangeSales/Revenue 1,596,797,4131,432,475,69711.471 Gross

East Pipes Integrated Company for Industry Announces Contract Sign Off with AliShar Contracting Company

By |2026-01-22T05:31:41+00:00January 22nd, 2026|

Element ListExplanationIntroduction East Pipes Integrated Company for Industry Announces Contract Sign Off with AliShar Contracting Company with a total value of exceeding SAR 60 million including value added tax. Date of Announcement of the Award 2026-01-21 Corresponding to 1447-08-02 Contract Subject Matter Contract Sign Off for coating application on steel pipes. The Entity with Which

East Pipes Integrated Company for Industry Announces establish a new external steel pipe coating line

By |2026-01-18T05:32:43+00:00January 18th, 2026|

Element ListExplanation Introduction East Pipes Integrated Company for Industry announcement the Board of Directors’ approval to establish a new external steel pipe coating line at the Company’s pipe coating plant located in the Second Industrial City in Dammam. Date of Board Resolution in Regard to the Project 2026-01-15 Corresponding to 1447-07-26 Project Start Date February

East Pipes Integrated Company for Industry Announces the capital investment of strategic material handling assets in the amount of an estimated cost of approximately SAR 33.6 million

By |2026-01-18T05:32:34+00:00January 18th, 2026|

Element ListExplanationIntroduction East Pipes Integrated Company for Industry Announcement the Board of Directors’ approval of a capital investment for strategic material handling assets. Transaction Details Capital investment for strategic material handling assets, this investment aims to develop the company’s logistical infrastructure and optimize the operating cost of the company. Transaction Amount an estimated cost of

East Pipes Integrated Company for Industry Announces Contract Sign Off with Saudi Water Authority

By |2025-12-08T06:32:32+00:00December 8th, 2025|

Element ListExplanationIntroduction East Pipes Integrated Company for Industry Announces Contract Sign Off with Saudi Water Authority. With total value exceeding of 485 million Saudi Riyals including value added tax. Date of Announcement of the Award 2025-12-07 Corresponding to 1447-06-16 Contract Subject Matter Contract Sign Off for manufacturing and supply steel pipes. The Entity with Which

East Pipes Integrated Company for Industry Announces for the date of a virtual meeting with investors and financial analysts

By |2025-10-28T13:31:52+00:00October 28th, 2025|

Element ListExplanationAnnouncement Detail East Pipes Integrated Company for Industry announces a date of virtual meeting with investors and financial analysts to discuss the Semi-annual financial results ended September 30, 2025, of the current fiscal year 2025–2026. Meeting Date: Thursday, October 30, 2025, corresponding to Rabi Al-Akhir 4, 1447 AH Time: 03:30 PM (KSA time) The

East Pipes Integrated Company for Industry announces its Interim Financial results for the Period Ending on 2025-09-30 ( Six Months )

By |2025-10-27T13:31:50+00:00October 27th, 2025|

Element ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% ChangeSales/Revenue 570,874,794540,154,2825.687385,192,51548.205 Gross Profit (Loss) 173,073,373133,762,92829.388105,259,44464.425 Operational Profit (Loss) 170,062,946127,099,07133.803104,581,27362.613 Net profit (Loss) 158,580,593112,849,13540.52490,267,35075.678 Total Comprehensive Income 157,617,532109,225,47044.30490,610,53173.95 All figures are in (Actual) Saudi Arabia, Riyals Element ListCurrent PeriodSimilar period for previous year%ChangeSales/Revenue 956,067,309904,573,1955.692 Gross Profit (Loss) 278,332,817220,180,13526.411 Operational Profit (Loss) 274,644,219213,888,06428.405 Net profit (Loss) 248,847,943184,093,83635.174 Total

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