East Pipes Integrated Company for Industry reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported sales was SAR 303.08 million compared to SAR 121.36 million a year ago. Net income was SAR 9.22 million compared to net loss of SAR 0.874015 million a year ago. Basic earnings per share from continuing operations was SAR 0.29 compared to basic loss per share from continuing operations of SAR 0.03 a year ago.
For the six months, sales was SAR 509.1 million compared to SAR 270.5 million a year ago. Net income was SAR 15.46 million compared to SAR 1.27 million a year ago. Basic earnings per share from continuing operations was SAR 0.49 compared to SAR 0.04 a year ago.