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East Pipes Integrated Co. for Industry Posts Lower Fiscal H1 Attributable Net Profit, Revenue

MT Newswires·10/21/2026 10:16:59
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10:16 AM EDT, 10/21/2026 (MT Newswires) -- East Pipes Integrated Co. for Industry (SASE:1321) logged 200.9 million Saudi riyals in net profit attributable to shareholders of the issuer for the fiscal first half, compared with 248.8 million riyals a year ago. EPS moved to 6.38 riyals from 7.9 riyals, a Wednesday filing showed. For the six months ended Sept. 30, the steel pipes manufacturer's revenue stood at 865.5 million riyals versus 956.1 million riyals previously, the Tadawul-listed pipe manufacturer added. Meanwhile, the board decided to distribute an unchanged cash dividend of 2 riyals per share for the fiscal first half, payable on Nov. 5 to shareholders on record as of Thursday.