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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
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Zain Group, a leading provider of innovative ICT and digital lifestyle communications operating in eight markets across the Middle East and Africa, announced that its flagship startup accelerator, Za
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Abraj Energy Services, Oman's leading oil and gas field services provider, has been awarded four contracts worth a total of RO108mn by Petroleum Development Oman (PDO) to supply drilling rig services
Muscat Daily
04/12/2025
Aldar and Mubadala Capital have formed a new joint venture, Aldar Capital, to connect global institutional investors with high-quality real estate and infrastructure opportunities across the GCC. Hea
Gulfnews
03/12/2025
At a prestigious ceremony held at Atlantis The Palm - Dubai, Qatar Islamic Insurance Group (QIIG) received the 'Takaful Insurance Company of the Year' award at the 12th Middle East Insurance Industry
The Peninsula
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In a new milestone that reinforces its position as one of the region's leading developers, United Development Company (UDC), the master developer of The Pearl and Gewan Islands, announced that it has
The Peninsula
Financial Information Co.
Saudi Arabia