East Pipes Signs SAR 60 Million Coating Contract

EAST PIPES +4.62%

EAST PIPES

1321.SA

172.00

+4.62%

East Pipes Integrated Company for Industry announced on January 22, 2026, the signing of a contract with AliShar Contracting Company for coating application on steel pipes. The contract, valued at over SAR 60 million including VAT, was signed on January 21, 2026, and has a duration of 6 months. The financial impact will be reflected from the 4th Quarter of financial year 2025/2026 through the 2nd Quarter of financial year 2026/2027.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=92754&anCat=1&cs=1321&locale=ar

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