East Pipes inks contract worth above SAR 60M with Maramer Contracting

05/05/2024 Argaam
Logo ofEast Pipes Integrated Company for Industry

Logo of East Pipes Integrated Company for Industry

East Pipes Integrated Company for Industry signed today, May 5, a contract with Maramer Contracting Co. at a total value exceeding SAR 60 million (VAT inclusive), the company said in a statement to Tadawul.

 

Under the six-month contract, East Pipes will manufacture, coat, and supply steel pipes.

 

The related financial impact will be reflected in the company's financial results in Q2 and Q3 of FY 2024/25.

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