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East Pipes Integrated Company for Industry Announces Contract Sign Off with Saudi Arabian Oil Co. (Aramco)

1321
EAST PIPES
-3.70 %
1444/11/12     01/06/2023 08:55:32

Element ListExplanation
Introduction East Pipes Integrated Company for Industry Announces Contract Sign Off with Saudi Arabian Oil Co. (Aramco) with value around 93 million Saudi Riyals inclusive value added tax
Date of Announcement of the Award 2023-05-31 Corresponding to 1444-11-11
Contract Subject Matter Manufacturing and supplying of steel pipes.
Date of Signing the Contract 2023-05-31 Corresponding to 1444-11-11
Contract Value around 93 million Saudi Riyal inclusive value added tax
Contract Details Contract Sign Off for Manufacturing and Supplying of steel pipes to Saudi Arabian Oil Co. (Aramco) with a value around 93 million Saudi Riyal inclusive VAT.
Contract Duration 8 Months
Financial Impact and the Relevant Period The financial impact of the contract will be reflected in 4th Quarter of current financial year 2023/2024, and 1st Quarter of the financial year 2024/2025
Related Parties 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 125.0
Net Change -4.8 (-3.7%)
Value Traded (Sar) 37,698,637.6
Volume Traded 301,862
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