East Pipes Integrated Company for Industry (1321)

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News

12:01 PM East Pipes Integrated pens SAR 64m supply deal

Riyadh – Mubasher: East Pipes Integrated Company for Industry signed a contract with Road Support Contracting Company on 22 July 2026 for the manufacture and supply of steel pipes. The agreement is valued at more than SAR 64 million, inclusive of …

Company News

22 July 09:41 AM East Pipes Integrated clarifies equipment supply agreements

Riyadh – Mubasher: East Pipes Integrated Company for Industry issued a clarification regarding its previous announcement dated 19 July 2026, concerning the signing of agreements with selected suppliers for the provision of equipment. The company …

Companies Investments

21 July 07:03 PM East Pipes Integrated records 36% growth in quarterly profits

Riyadh – Mubasher: East Pipes Integrated Company for Industry generated a net profit of SAR 122.92 million for the first quarter (Q1) of fiscal year (FY) 2026/2027, an annual rise of 36.17% from SAR 90.27 million. Earnings per share (EPS) climbed …

Company News

19 July 04:10 PM East Pipes Integrated finalizes agreements worth nearly SAR 9m

Riyadh – Mubasher: East Pipes Integrated Company for Industry signed agreements with multiple suppliers to secure strategic material handling assets, following its initial disclosure on 31 March 2026. The move is part of the company's strategy to …

Company News

7 July 04:27 PM East Pipes Integrated begins e-voting ahead of OGM

Riyadh – Mubasher: East Pipes Integrated Company for Industry announced the commencement of electronic voting for its Ordinary General Meeting (OGM). Shareholders registered on the Tadawulaty portal will be eligible to cast their votes remotely …

Company News

5 July 05:15 PM East Pipes Integrated shareholders to vote on transactions, interim dividends

Riyadh – Mubasher: East Pipes Integrated Company for Industry invited its shareholders to attend an Ordinary General Meeting (OGM) scheduled for 27 July 2026. The meeting will be conducted virtually via modern technology and the Tadawulaty system, …

Companies Investments

2 June 09:47 AM East Pipes Integrated reschedules payment for H2-25/26 cash dividends

Riyadh – Mubasher: East Pipes Integrated Company for Industry announced an amendment of the cash dividends distribution date for the second half (H2) of the fiscal year (FY) 2025/2026, due to the inability to complete the disbursement procedures …

Company News

18 May 04:08 PM East Pipes Integrated announces dividend distribution for H2-25/26

Riyadh – Mubasher: East Pipes Integrated Company for Industry announced that its board of directors has approved a significant cash dividend distribution totaling SAR 126 million for the second half (H2) of the fiscal year (FY) 2025/2026, …

Board of Directors

18 May 03:04 PM East Pipes Integrated records 50% profit increase in FY25/26

Riyadh – Mubasher: East Pipes Integrated Company for Industry has reported a 50.02% surge in net profit for the fiscal year (FY) that ended on 31 March 2026. The net income reached a historic high of SAR 573.26 million in FY25/26 from SAR 382.12 …

Financial Results

22 January 05:36 PM East Pipes Integrated signs SAR 60m deal with AliShar Contracting

Riyadh – Mubasher: East Pipes Integrated Company for Industry inked a SAR 60 million deal with AliShar Contracting Company on 21 January 2026. The deal covers providing steel pipes for six months, according to a statement. The financial impact of …

Companies Investments

29 December 2025 06:08 PM We keep ‘Neutral’ stance on Saudi equity market – EFG Hermes

Riyadh – Mubasher: A recent report by EFG Hermes, an EFG Holding Company, indicated that the outlook for Saudi Arabia remains challenging, yet the market is believed to have decently corrected and is too cheap to be deemed ‘underweight’. EFG …

Global Economy

8 December 2025 00:26 PM East Pipes Integrated pens SAR 485m supply agreement with Saudi Water Authority

Riyadh – Mubasher: East Pipes Integrated Company for Industry and the Saudi Water Authority inked a SAR 485 million agreement on 7 December 2025, according to a bourse statement. Under the deal, the company will manufacture and supply steel pipes …

Companies Investments

15 June 2025 03:37 PM East Pipes Integrated’s CEO Al Shaheen resigns

Riyadh – Mubasher: Mohammed bin Abdulaziz Al Shaheen resigned from his position as the CEO of East Pipes Integrated Company for Industry due to personal reasons. The board members accepted Al Shaheen’s resignation on 12 June, yet it will become …

Management Decisions

2 June 2024 10:49 AM Aramco inks SAR 3bn contracts for steel pipes supply

Riyadh – Mubasher: Saudi Arabian Oil Company (Saudi Aramco) has signed contracts with Tadawul-listed companies for manufacturing and supply of steel pipes with a combined value of SAR 2.95 billion. Aramco signed the first contract with Group Five …

Companies Investments

30 May 2024 03:12 PM East Pipes Integrated unveils SAR 142m contract

Riyadh – Mubasher: East Pipes Integrated Company for Industry and Alrawaf Contracting Company inked a contract with a value exceeding SAR 142 million. The two entities signed the agreement , on 29 May, to supply steel pipes for 19 months, …

Companies Investments

18 January 2024 04:08 PM East Pipes Integrated pens over SAR 1bn deal with SWCC

Riyadh – Mubasher: East Pipes Integrated Company for Industry penned a deal with Saline Water Conversion Corporation (SWCC) at an amount exceeding SAR 1 billion inclusive of value-added tax. The listed firm will manufacture and supply steel pipes …

Companies Investments

7 December 2023 02:05 PM East Pipes Integrated enters new deal with oil giant Aramco

Riyadh – Mubasher: East Pipes Integrated Company for Industry has signed a contract valued at more than SAR 170 million with Saudi Arabian Oil Company (Aramco) on 6 December 2023. Upon the terms of the deal, East Pipes Integrated will provide …

Companies Investments

3 December 2023 03:06 PM East Pipes Integrated, Aramco sign SAR 153m agreement

Riyadh – Mubasher: East Pipes Integrated Company for Industry and Saudi Arabian Oil Company (Aramco) inked a contract at a value exceeding SAR 153 million. East Pipes Integrated will manufacture and supply steel pipes to Aramco for eight months,  …

Companies Investments

5 November 2023 03:15 PM East Pipes Integrated’s net profits plummet 85.5% in H1-23/24

Riyadh – Mubasher: East Pipes Integrated Company for Industry posted net profits after Zakat and tax of SAR 2.23 million in the first half (H1) of the fiscal year (FY) 2023/2024. Meanwhile, the net profits in the six months (6M) that ended on 30 …

Financial Results

10 July 2023 04:18 PM East Pipes Integrated obtains over SAR 1bn financing from Banque Saudi Fransi

Riyadh – Mubasher: East Pipes Integrated Company for Industry has signed a Sharia-compliant working capital facilities agreement with Banque Saudi Fransi on 9 July 2023. The financing is valued at SAR 1.10 billion and holds a duration period of …

Companies Investments

4 June 2023 10:23 AM East Pipes Integrated pens SAR 93m deal with Aramco

Riyadh – Mubasher: East Pipes Integrated Company for Industry inked a nearly SAR 93 million contract with Saudi Arabian Oil Company (Aramco) on 31 May. The eight-month deal covers the manufacturing and supplying of steel pipes to Aramco, according …

Companies Investments

23 January 2023 01:10 PM East Pipes Integrated inks SAR 569m contracts with NEOM, PETROJET

Riyadh – Mubasher: East Pipes Integrated Company for Industry penned several contracts with NEOM and PETROJET Company at an aggregated value of SAR 569 million on 22 January 2023, according to bourse disclosures. NEOM Under a one-year agreement, …

Companies Investments

20 October 2022 06:01 PM East Pipes Integrated’s shareholders approve 50% capital hike

Riyadh – Mubasher: The shareholders of East Pipes Integrated Company for Industry greenlighted a 50% capital raise to SAR 315 million from SAR 210 million, according to a bourse filing. The capital hike will be carried out by capitalising SAR 105 …

Management Decisions

8 September 2022 06:32 PM CMA nods to eXtra, East Pipes Integrated’s capital raise

Riyadh – Mubasher: The Capital Market Authority (CMA) approved the requests of United Electronics Company (eXtra) and East Pipes Integrated Company for Industry to increase their capital through bonus shares. eXtra will raise its capital by …

Management Decisions

3 August 2022 09:17 AM East Pipes Integrated secures SAR 275m loan from NBK

Riyadh – Mubasher: East Pipes Integrated Company for Industry has sealed a Sharia-compliant facility agreement worth SAR 275 million with the National Bank of Kuwait (NBK). The Saudi company obtained the loan to finance the working capital of one …

Companies Investments