East Pipes signs SAR 235M supply contract with ESNAD

06/08/2024 Argaam

East Pipes signs SAR 235M supply contract with ESNAD

Logo of East Pipes Integrated Company for Industry

East Pipes Integrated Company for Industry signed a supply contract today, Aug. 6, with ESNAD Constructions Co., at a total value of SAR 235 million (VAT inclusive).

 

In a statement to Tadawul, the pipe manufacturer said the 24-month contract entails the supply and coating of steel pipes for ESNAD. There are no related parties to the deal.

 

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The company expected the relevant financial impact to appear from Q4 2024/25 to Q3 2026/27.

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