East Pipes Integrated Company for Industry reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was SAR 230.27 million compared to SAR 303.08 million a year ago. Net income was SAR 20.79 million compared to SAR 9.22 million a year ago. Basic earnings per share from continuing operations was SAR 0.66 compared to SAR 0.29 a year ago.
For the six months, sales was SAR 269.11 million compared to SAR 509.1 million a year ago. Net income was SAR 2.23 million compared to SAR 15.46 million a year ago. Basic earnings per share from continuing operations was SAR 0.07 compared to SAR 0.49 a year ago.