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Arabian Pipes Co. Announces Contract Sign Off with Saudi Aramco

2200
APC
3.77 %
1445/07/24     05/02/2024 08:01:11

Element ListExplanation
Introduction Arabian Pipes Company got awarded new order with total value of around SR 108 MM for supply steel pipes to Saudi Aramco
Date of Announcement of the Award 2024-02-04 Corresponding to 1445-07-23
Contract Subject Matter supply steel pipes
The Entity with Which the Contract was Signed Saudi Aramco
Date of Signing the Contract 2024-02-04 Corresponding to 1445-07-23
Contract Value around SR 108 MM
Contract Details Arabian Pipes Company has been awarded on 04 February 2024 order for supplying pipes for Saudi Aramco with total value around SR 108 MM from the company's factories.
Contract Duration 11 months
Financial Impact and the Relevant Period Q3,Q4 2024
Related Parties NA
Additional Information NA

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.

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Key Parameters
Last Price 132.0
Net Change 4.8 (+3.77%)
Value Traded (Sar) 19,134,380.2
Volume Traded 146,328
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