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East Pipes Posts Higher Fiscal Q1 Net Profit, Revenue

MT Newswires·07/21/2026 10:57:59
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10:57 AM EDT, 07/21/2026 (MT Newswires) -- East Pipes Integrated Co. for Industry (SASE:1321) said Tuesday that net profit and revenue for the fiscal first quarter rose year over year. Net profit attributable to shareholders of the issuer for the three months ended June 30 was 122.9 million Saudi riyals, compared with 90.3 million riyals earlier. EPS moved to 3.9 riyals from 2.87 riyals. The Tadawul-listed steel pipes manufacturer's revenue was 520.7 million riyals, compared with 385.2 million riyals a year ago.