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East Pipes Integrated Company for Industry 2023 Annual Results

Revenue

SAR 1.28B

Net Profit

SAR 100M

East Pipes Integrated Company for Industry (1321) reported full year 2023 revenue of SAR 1.28B, up 327.9% from SAR -563M in 2022. Net profit came in at SAR 100M, up 3178.3% year on year. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric	2023	2022
Revenue	SAR 1.28B	SAR -563M
Net Profit	SAR 100M	SAR -3M
Gross Profit	SAR 156M	SAR 35M
Net Margin	7.8%	0.6%
ROE	16.2%	-0.6%
Total Assets	SAR 987M	SAR 896M
Total Equity	SAR 615M	SAR 515M

Year on Year Comparison

Revenue increased by 327.9% compared to 2022. Net profit increased by 3178.3%. Both revenue and profit grew — indicating expanding business.

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Financial data sourced from CMA-mandated XBRL filings published on the Saudi Exchange (Tadawul). Data processed and structured by Sahm Screener (sahmscreener.com). Updated nightly. Last updated: 2023-08-31.