East Pipes signs supply contract worth over SAR 1B with SWCC

17/01/2024 Argaam
Logo ofEast Pipes Integrated Company for Industry

Logo of East Pipes Integrated Company for Industry

East Pipes Integrated Company for Industry signed today, Jan. 17, a contract with the Saline Water Conversion Corporation (SWCC) to manufacture and supply steel pipes at a total value exceeding SAR 1 billion (VAT inclusive).

 

In a statement to Tadawul, East Pipes said the contract term is 30 months, adding there are no related parties to the deal.

 

The financial impact is expected to materialize from the first quarter of 2024/2025 to the second quarter of 2026/2027. 

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.