Money and business

The profits of “East Pipelines” increased by 50% to 573.26 million riyals in a year


The profits of the East Integrated Pipe Company for Industry in the fiscal year ending on March 31, 2026 increased by 50%, to 573.26 million riyals, compared to 382.12 million riyals in the previous fiscal year.

According to the company’s statement on the website "Saudi Arabia trading"This is mainly due to the increase in sales volume and the increase in the average selling price per ton.

Dividend distribution
The Board of Directors of the East Integrated Pipeline Company for Industry decided, today, to distribute cash dividends to shareholders for the second half of the fiscal year 2025-2026 AD.

The company said: The total amount distributed is 126 million riyals, while the per share of the distribution is 4 riyals.

It added that the eligibility date is next June 3, The distribution date will be on the 8th of the same month.

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