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East Pipes reports higher H1 FY26 profit on stronger sales

Saudi Arabia’s East Pipes Integrated Company for Industry reported a 37.5pct YoY rise in net profit to SAR 248.8 mln (USD 66 mln) for the first half of FY26 ended September 30, 2025. The company attributed the growth to a stronger sales mix, higher sales volumes, and lower cost per ton.

Revenue during July-September 2025 increased 5.6pct YoY to SAR 956 mln (USD 255 mln), supported by higher deliveries.

Founded in 2010, East Pipes is one of Saudi Arabia’s leading producers of Helical Spiral Arc Welded (HSAW) pipes for water and oil & gas applications, with an annual capacity exceeding 500,000 tons through its fully integrated facilities.

1 USD / 3.75 SAR

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