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Group Five Pipe Saudi Co. Announces Contract Sign Off with Esnad Al Turuq Contracting Company

GROUP FIVE 9523 3.74% 54.15 1.95

Element List Explanation
Introduction Group Five Pipe Saudi Co. Announces Contract Sign Off with Esnad Al Turuq Contracting Company
Date of Announcement of the Award 2026-03-16 Corresponding to 1447-09-27
Contract Subject Matter Manufacturing and Supply of Water Transmission System Pipes Ras Al-Khair - Riyadh (H&I) The second part of the package (A1)
The Entity with Which the Contract was Signed Esnad Al Turuq Contracting Company
Date of Signing the Contract 2026-03-16 Corresponding to 1447-09-27
Contract Value Around 176 million Saudi riyals
Contract Details SUPPLY OF CARBON STEEL HELICAL SUB-MERGED ARC WELDED (HSAW) API 5L PIPES
Contract Duration March 2026 to End of May 2026
Financial Impact and the Relevant Period The financial impact will be reflected starting from the second and third quarters of fiscal year 2026.
Related Parties No related parties

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