East Pipes Integrated Company for Industry 2024 Annual Results
East Pipes Integrated Company for Industry (1321) reported full year 2024 revenue of SAR 1.54B, up 20.3% from SAR 1.28B in 2023. Net profit came in at SAR 268M, up 167.7% year on year. Earnings per share were SAR 8.49. The company generated SAR 11M in operating cash flow. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.
Earnings Quality
Of every SAR 1.00 in reported net profit, SAR 0.04 arrived as operating cash flow — indicating Low quality earnings with a cash conversion ratio of 0.04.
Year on Year Comparison
Revenue increased by 20.3% compared to 2023. Net profit increased by 167.7%. Both revenue and profit grew — indicating expanding business.
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: 2024-06-02.