Saudi Printing narrows losses to SAR 14.9 mln in Q1 2020

27/04/2020 Argaam Exclusive

Content Summary:

Loading data...

Comments Analysis:

Positive: 0%
Neutral: 0%
Negative: 0%
Comments Summary:Loading data...
Please note that this news summary has been generated using artificial intelligence. It is recommended to review the original sources for complete details and to verify the accuracy of the information.
0

Saudi Printing and Packaging Co. narrowed net losses by 35.2% year-on-year (YoY) to SAR 14.9 million for the first quarter of 2020, driven by lower prices of raw materials and decreased cost of financing.



Current Quarter Comparison (M)

Compared With The
Item Q1 2019 Q1 2020 Change‬
Revenues 202.04 194.27 (3.8 %)
Gross Income 21.16 26.89 27.1 %
Operating Income (8.75) (3.05) 65.2 %
Net Income (23.02) (14.91) 35.2 %
Average Shares 60.00 60.00 -
Earnings Per Share before unusual items (Riyals) (0.38) (0.25) 35.2 %
EPS (Riyals) (0.38) (0.25) 35.2 %

When compared to the previous quarter, net losses widened threefold on lower sales.

View other reports

Share Price

Saudi Printing and Packaging Co. (SPPC)


Current
Market Cap (M Riyal) 562.80
Enterprise Value (EV) (M) 1,186.11
Shares Outstanding ((M)) 60.00
EPS ( Riyal) (TTM) (3.66)
Book Value (BV) ( Riyal) 4.69
Par Value ( Riyal) 10.00
Adjusted P/E (Last12) Neg
P/E (TTM) NEG
Price/book 2.00
Return on Average Assets (%) (TTM) (16.06 )
Return on Average Equity (%) (TTM) (56.05 )

Kindly, you can view the full report by subscribing to the Advanced Package

The report contains the details of the financial statements, The most important financial indicators, Historical information, Charts, and Forecasts of experts.


Comments 0

Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.
Call Request

Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.

Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website