| Element List | Explanation |
|---|---|
| Introduction | Addendum Announcement from Group Five Pipe Saudi Company regarding Group Five Pipe Saudi Company’s announcement of the annual financial results for the period ending on 31-12-2025.” |
| Date of Posting the Previous Announcement of Development on Saudi Exchange’s Website | 2026-03-15 Corresponding to 1447-09-26 |
| Hyperlink to the Previous Announcement | Click Here |
| Change on the Development | further to Group Five Pipe Saudi Company’s announcement published on the Saudi Exchange (Tadawul) website on 15-03-2026G regarding the annual financial results for the period ending on 31-12-2025G, the Company would like to clarify that, in accordance with the International Financial Reporting Standards (IFRS), it has made a provision of SAR 127 million to cover expected credit losses, due to delayed collection from one of its clients. The Company confirms that this provision complies with the relevant accounting requirements. Management expects to collect the amount during the financial year. |
| Financial Impact on the change | Not Applicable. |
