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10/02/2013 08:54 AST
Saudi Printing and Packaging Company (SPPC) announces its consolidated annual financial results for the year ended 31/12/2012:
1. The net income was SR 124.6 Million compared to SR 36.0 Million for the previous year, representing an increase of 246.1%.
2. The earnings per shar was SR 2.08 compared to SR 0.60 for the previous year.
3. The gross profit was SR 150.8 Million compared to SR 75.6 Million for the previous year, representing an increase of 99.5%.
4. The income from operations was SR 67.2 Million compared to SR 38.9 Million for the previous year, representing an increase of 72.8%.
5. The main reason for the increase in net income for the year ended 31/12/2012 compared to previous year is mainly attributable to a capital gain amounting to SR 77.0 Million included in other income arising from the sale of a part of SPPCs land located in Dhahban district in Jeddah, in addition to including the financial results for the second half of 2012 of Emirates National Factory for Plastic Industries L.L.C., the wholly acquired company, in SPPCs consolidated financial results.
Note: Certain figures of the comparative year have been reclassified to conform to the presentation of the current year.
Tadawul
21/04/2013
Saudi Printing & Packaging Company (SPPC) announces its interim consolidated financial results for the period ended March 31, 2013:
1. The net income for the first quarter was SR 13.7 Mill
Tadawul
20/01/2013
Saudi Printing & Packaging Company (SPPC) announces its interim consolidated financial results for the period ended December 31, 2012:
1. The net income for the fourth quarter was SR 86.0 M
Tadawul
13/01/2013
Saudi Printing and Packaging Company, a subsidiary of Saudi Research & Marketing Group, has acquired 100 percent of Emirates National Factory for Plastic Industries (ENPI), it was announced yesterday
Arab News
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| CATRION | 120.60 | 0.80 (0.66 |
| TAMDEVELOPMENT | 165.00 | 0.00 (0.00 |
| MAHARAH | 5.89 | 0.07 (1.20 |
| SMASCO | 6.51 | -0.05 (-0.77 |
| ALMAWARID | 152.40 | 1.80 (1.19 |
29/04/2025
China's state-run Sinopec said on Monday it had signed an agreement with a unit of Saudi Aramco to establish a joint venture company aimed at operating ports, transporting crude oil, and providing ot
Asharq Al Awsat
29/04/2025
Gulf Bank has officially released its Fifth Annual Sustainability Report for the year 2024, titled "From Vision to Execution", highlighting the Bank's advancements in sustainability in line with Kuwa
Kuwait Times
29/04/2025
In an interview with CNBC International, Shaikha Al-Bahar, Deputy Group Chief Executive Officer of National Bank of Kuwait (NBK) affirmed the Group's commitment to maintaining excellence and fosterin
Kuwait Times
29/04/2025
Borouge today announced a series of strategic asset expansion projects to accelerate its growth, contributing annually between $165 million and $200 million (AED600 million - AED730 million) in EBITD
Trade Arabia
29/04/2025
Saudi developer Emaar, The Economic City has signed final agreements with four local banks to reschedule SR3.39 billion ($904 million) in existing debt and secure a new credit facility.
In a
Arab News
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