East Pipes inks supply contract with SWCC exceeding SAR 230M

25/03/2024 Argaam

East Pipes inks supply contract with SWCC exceeding SAR 230M

Logo of East Pipes Integrated Company for Industry

East Pipes Integrated Co. signed today, March 25, a manufacturing and supply contract with Saline Water Conversion Corporation (SWCC), exceeding SAR 230 million (VAT inclusive), the company said in a statement to Tadawul.

 

There are no related parties to the 30-month agreement, it noted.

 

For more news and details on the projects

 

It added that the related financial impact will be reflected from Q1 2024/25 to the third quarter of 2026/27.

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