East Pipes Integrated Company for Industry announces its Interim Financial results for the Period Ending on 2026-06-30 ( Three Months )

East Pipes reported a 36% year-on-year increase in net profit to SAR 123 million for the first quarter ending June 30, 2026, driven by robust operating earnings and a 59% reduction in financing costs.
Revenue grew 35% year-on-year to SAR 521 million, fueled by higher sales volumes and increased average selling prices, though results declined approximately 26% sequentially compared to the previous quarter due to the timing of scheduled delivery plans.
EBITDA surged 32% year-on-year to SAR 145 million with a margin of 27.9%, supported by top-line growth and operating cost efficiencies that bolstered a net profit margin of 23.6%.
The company maintained a debt-free balance sheet with record cash and cash equivalents of SAR 798 million, representing roughly 40% of total assets and providing liquidity to pursue infrastructure opportunities in the water and oil & gas sectors.

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	520,665,521	385,192,515	35.17	700,942,567	-25.719
Gross Profit (Loss)	136,722,327	105,259,444	29.89	190,037,954	-28.055
Operational Profit (Loss)	138,539,033	104,581,273	32.47	178,631,258	-22.444
Net Profit (Loss) Attributable to Shareholders of the Issuer	122,917,040	90,267,350	36.169	164,686,677	-25.363
Total Comprehensive Income Attributable to Shareholders of the Issuer	125,162,328	90,610,531	38.132	164,069,058	-23.713
All figures are in (Actual) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Total Shareholders Equity (after Deducting Minority Equity)	1,562,989,627	1,225,057,379	27.585
Profit (Loss) per Share	3.9	2.87
All figures are in (Actual) Saudi Arabia, Riyals

Element List	Amount	Percentage of the capital (%)
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value	-	-
All figures are in (Actual) Saudi Arabia, Riyals

Element List	Explanation
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is	The company recorded a revenue of SAR 521 million for the first quarter of FY26-27 (“1Q-FY 26-27”), compared to a revenue of SAR 385 million in the similar quarter of FY 25-26 (“1Q-FY 25-26”), as a result of upwards change in sales volume as well as the increase in average sales prices per Ton.
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is	The company recorded a profit of SAR 123 million for the first quarter of FY26-27 (“1Q-FY 26-27”), compared to a net profit of SAR 90 million in the similar quarter of FY 25-26(“1Q-FY 25-26”), as a result of upwards change in sales volume as well as the increase in average sales prices per Ton.
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is	The company reported a revenue of SAR 521 million in 1Q-FY26-27, compared to a revenue of SAR 701 million in 4Q-FY25-26, The decrease is mainly resulting from the change in sales volume in line with scheduled delivery plans.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is	The company reported a net profit of SAR 123 million in 1Q-FY26-27, compared to a net profit of SAR 165 million in 4Q-FY25-26, The decrease is mainly resulting from the change in sales volume in line with scheduled delivery plans.
Statement of the type of external auditor's report	Unmodified conclusion
Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion)	None.
Reclassification of Comparison Items	None.
Additional Information	-
Attached Documents	Attached Documents