East Pipes Integrated saw its net income grow 43% y-o-y to SAR 382.1 mn in its FY ending on 31 March 2025, driven by higher sales volumes and a decrease in per-ton production costs, it said in its latest earnings release (pdf). Meanwhile, the company recorded a 19% y-o-y growth in revenue during the year to SAR 1.8 bn, buoyed by strong project execution and favorable pricing in its water and oil and gas segments.

ALSO- East Pipes’ BoD recommended a SAR 78.8 mn dividend payout at SAR 2.5 mn for FY 2024-2025, it said in a disclosure to Tadawul. The distribution date is yet to be determined.

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