East Pipes inks contract worth above SAR 60M with Maramer Contracting

05/05/2024 Argaam

East Pipes inks contract worth above SAR 60M with Maramer Contracting

Logo of East Pipes Integrated Company for Industry

East Pipes Integrated Company for Industry signed today, May 5, a contract with Maramer Contracting Co. at a total value exceeding SAR 60 million (VAT inclusive), the company said in a statement to Tadawul.

 

Under the six-month contract, East Pipes will manufacture, coat, and supply steel pipes.

 

The related financial impact will be reflected in the company's financial results in Q2 and Q3 of FY 2024/25.

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