Financial Results : East Pipes posts 27% leap in Q1 2025/26 earnings to SAR 90.3M

East Pipes posts 27% leap in Q1 2025/26 earnings to SAR 90.3M

24/07/2025 Argaam Exclusive

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East Pipes Integrated Company for Industry reported a net profit of SAR 90.3 million for the first quarter ended June 30, 2025, a leap of 27% from SAR 71.2 million in the prior-year period.

The company recorded revenues of SAR 385 million in the three-month period, compared to SAR 364 million a year earlier, as a result of an upward change in sales volume.

On a quarterly basis, the company’s net earnings grew by 5.5% from SAR 85.59 million, driven by a higher average selling price per ton.

 

Shareholders’ equity, no minority interest, rose to SAR 1.22 billion as of June 30, 2025, from SAR 923.10 million a year earlier.

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