East Pipes Reports SAR 408.85M Net Profit in Nine Months 2025
EAST PIPES 1321.SA | 172.00 | +4.62% |
On 2026-01-26 16:25:31 (Saudi Time), East Pipes Integrated Company for Industry announced its Interim financial results for the nine months ended on December 31, 2025.
| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 640,730,104 | 527,902,502 | 21.372 | 570,874,794 | 12.236 |
| Gross Profit (Loss) | 178,308,070 | 135,748,804 | 31.351 | 173,073,373 | 3.024 |
| Operational Profit (Loss) | 177,686,808 | 128,637,782 | 38.129 | 170,062,946 | 4.482 |
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 160,001,072 | 112,443,748 | 42.294 | 158,580,593 | 0.895 |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 159,106,739 | 111,785,211 | 42.332 | 157,617,532 | 0.944 |
| All figures are in (Actual) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Sales/Revenue | 1,596,797,413 | 1,432,475,697 | 11.471 |
| Gross Profit (Loss) | 456,640,887 | 355,928,939 | 28.295 |
| Operational Profit (Loss) | 452,331,027 | 342,525,846 | 32.057 |
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 408,849,015 | 296,537,584 | 37.874 |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 407,334,802 | 292,203,048 | 39.401 |
| Total Shareholders Equity (after Deducting Minority Equity) | 1,400,031,649 | 1,049,616,294 | 33.385 |
| Profit (Loss) per Share | 12.98 | 9.41 | |
| All figures are in (Actual) Saudi Arabia, Riyals | |||
| Element List | Amount | Percentage of the capital (%) | |
|---|---|---|---|
| Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value | - | - | |
| All figures are in (Actual) Saudi Arabia, Riyals | |||
Year-on-Year Performance Drivers
Sales increased by 11.47% YoY to SAR 1,596.80 million, primarily driven by higher sales volumes in line with scheduled delivery plans. Net profit rose significantly by 37.87% YoY to SAR 408.85 million, resulting from increased sales volumes and optimization of production costs. The company also benefited from improved average selling prices in the third quarter, contributing to the overall strong financial performance.
Quarter-on-Quarter Performance Drivers
QoQ revenue increased by 12.24% to SAR 640.73 million due to higher sales volumes in line with scheduled delivery plans. Net profit remained relatively stable with a slight increase of 0.90% to SAR 160.00 million, as the positive impact of increased sales volumes was largely offset by higher cost per ton and increased zakat and tax expenses.
Other Items
East Pipes Integrated Company's interim financial results for the period ending December 31, 2025, were issued with an unmodified conclusion from external auditors. Total shareholders' equity increased by 33.39% to SAR 1,400,031,649 compared to SAR 1,049,616,294 in the previous year. Earnings per share rose to SAR 12.98 from SAR 9.41 in the comparable period. The company's comprehensive income attributable to shareholders increased by 39.40% to SAR 407,334,802.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=92812&anCat=1&cs=1321&locale=arAttached PDF document link:
https://www.saudiexchange.sa/Resources/fsPdf/12939_2763_2026-01-26_16-19-26_en.pdfImportant Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.