The orders are reported to consist mainly of large-diameter line pipes used in energy infrastructure and long-distance transportation projects.
According to the company’s statement, the majority of the pipes to be produced under these orders are planned to be manufactured and shipped during 2027. The remaining portion is expected to be produced and delivered in the first quarter of 2028. As a result, the deliveries will be spread over a two-year period.
The statement also noted that, depending on the delivery schedule, the majority of the orders are expected to be reflected in the company’s consolidated financial results for 2027, while the remaining portion is expected to be included in the financial results for the first quarter of 2028.
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