East Pipes Integrated Company for Industry signed today, Nov. 9, a supply contract worth more than SAR 440 million (VAT inclusive) with Saudi Arabian Oil Co. (Saudi Aramco), according to a statement to Tadawul.
Under the contract, the company will manufacture and supply steel pipes to Aramco over a period of 13 months.
East Pipes expects the related financial impact to reflect on its financial statements for Q3 and Q3 2024/2025. There are no related parties.
Source: Argaam