East Pipes Integrated Company for Industry reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was SAR 552.3 million compared to SAR 487.25 million a year ago. Net income was SAR 85.72 million compared to SAR 47.52 million a year ago. Basic earnings per share from continuing operations was SAR 2.72 compared to SAR 1.51 a year ago. Diluted earnings per share from continuing operations was SAR 2.72 compared to SAR 1.51 a year ago.
For the nine months, sales was SAR 821.42 million compared to SAR 996.35 million a year ago. Net income was SAR 87.95 million compared to SAR 62.98 million a year ago. Basic earnings per share from continuing operations was SAR 2.79 compared to SAR 2 a year ago. Diluted earnings per share from continuing operations was SAR 2.79 compared to SAR 2 a year ago.