Saudi Arabia-based pipe manufacturer Arabian Pipes Company (APC) has announced that it has signed a supply contract with Saudi Arabia-based international contractor Br. C.A.T International Co. Limited for steel pipes worth around SAR 115 million ($30.66 million).
Under the contract, Arabian Pipes Company will supply pipes to the contractor for nine months.
The financial impact of this contract is expected to be reflected to the second quarter of 2024.