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East Pipes Integrated Company for Industry announces its Interim Financial results for the Period Ending on 2024-12-31 ( Nine Months )

1321
EAST PIPES
0.41 %
1446/07/30     30/01/2025 15:52:04

Element ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% Change
Sales/Revenue 527,902,502552,301,709-4.417540,154,282-2.268
Gross Profit (Loss) 135,748,804110,949,10722.352133,762,9281.484
Operational Profit (Loss) 128,637,782104,634,73922.939127,099,0711.21
Net profit (Loss) 112,443,74885,718,84931.177112,849,135-0.359
Total Comprehensive Income 111,785,21186,202,06529.678109,225,4702.343
All figures are in (Actual) Saudi Arabia, Riyals


Element ListCurrent PeriodSimilar period for previous year%Change
Sales/Revenue 1,432,475,697821,415,22574.391
Gross Profit (Loss) 355,928,939137,737,450158.411
Operational Profit (Loss) 342,525,846120,719,562183.736
Net profit (Loss) 296,537,58487,950,945237.162
Total Comprehensive Income 292,203,04888,783,818229.117
Total Shareholders Equity (after Deducting Minority Equity) 1,049,616,294672,724,62456.024
Profit (Loss) per Share 9.412.79
All figures are in (Actual) Saudi Arabia, Riyals


Element ListAmountPercentage of the capital (%)
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value --
All figures are in (Actual) Saudi Arabia, Riyals


Element ListExplanation
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is The company recorded revenues of SAR 528 million for the third quarter of FY24-25, compared to revenues of SAR 552 million in the similar quarter of FY 23-24 (“3Q-FY 23-24”), which is mainly due to the relative decrease in sales volumes and average selling price.
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is The company recorded net profit of SAR 112 million for the third quarter of FY24-25, compared to net profit of SAR 86 million in the similar quarter of FY 23-24, which is mainly resulting from the decrease in both average cost of production and finance charges.
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is The company reported revenues of SAR 528 million in 3Q-FY24-25, compared to revenues of SAR 540 million in 2Q-FY24-25, which is mainly due to the decrease in sales volumes.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is The company reported net profit of SAR 112 million in 3Q-FY24-25, compared to net profit of SAR 113 million in 2Q-FY24-25, which is mainly resulting from a decrease in sales volumes although a decrease in average cost of production.
The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is The company reported revenues of SAR 1,432 million in the nine-month period of FY 24-25, compared to revenues of SAR 821 million for the same period of last year, which is mainly due to the increase in sales volumes, in line with scheduled delivery plans.
The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is The company reported net profit of SAR 297 billion in the nine-month period of FY 24-25, compared to net profit of SAR 88 million for the same period of last year , which is mainly resulting from an increase in sales volumes in line with scheduled delivery plans, a decrease in both average cost of production and finance charges.
Statement of the type of external auditor's report Unmodified conclusion
Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion) None.
Reclassification of Comparison Items None.
Additional Information -
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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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Last Price 146.8
Net Change 0.6 (+0.41%)
Value Traded (Sar) 2,423,417.2
Volume Traded 16,471
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