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Arabian Pipes Co. Announces Contract Sign Off with Saudi Aramco

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APC
4.00 %
1445/02/28     13/09/2023 15:44:25

Element ListExplanation
Introduction Arabian Pipes Company got awarded new order with total value of around SR 204 MM for supply steel pipes and coating services to Saudi Aramco
Date of Announcement of the Award 2023-09-13 Corresponding to 1445-02-28
Contract Subject Matter Arabian Pipes Company got awarded order with total value of around SR 204 MM for supply steel pipes and coating services to Saudi Aramco
Date of Signing the Contract 2023-09-13 Corresponding to 1445-02-28
Contract Value around SR 204 MM
Contract Details Arabian Pipes Company has been awarded on 13 September 2023 order for supplying pipes and coating services for Saudi Aramco with total value around SR 204 MM from the company's factories .
Contract Duration 16 months
Financial Impact and the Relevant Period Starting from Q1, 2024 to Q2, 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 182.0
Net Change 7.0 (+4.0%)
Value Traded (Sar) 83,435,939.2
Volume Traded 457,792
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