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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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In a move to consolidate its global network of destinations and provide diverse travel options to its valued customers, Kuwait Airways has announced the strengthening of its codeshare agreement with
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Ajman Bank has launched a digital extension to expand its bouquet of smart, customer-centric banking services.
The Digital Extension has been designed to provide customers with seamless acce
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Tecom Group PJSC, the creator of specialised business districts and communities in Dubai, has launched Phase 4 of Innovation Hub in Dubai Internet City to address rising demand for Grade-A office spa
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Acwa Power, the world's largest private water desalination company, leader in energy transition and first mover into green hydrogen, has signed a co-operation framework with the African Development B
Trade Arabia
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Saudia Cargo and the Saudi Export Development Authority inked a strategic memorandum of understanding, in a move set to accelerate the international reach of non-oil goods.
The agreement, si
Arab News
Financial Information Co.
Saudi Arabia