announced Arab Pipe Company On June 30, 2022, it won a project to supply pipes for Saudi Aramco, with an estimated value of 60 million riyals.
The company stated in a statement on “Tadawul Saudi”, today, Sunday, that the contract term is 12 months, noting that the financial impact of the contract will be reflected on it during the second quarter of the fiscal year 2023.
The company pointed out in its statement that there are no related parties.
And the “Arabian Pipes” announced last May that it had won a contract to supply pipes for “Aramco” with an estimated value of 100 million riyals, explaining that the contract term is 10 months.