Saudi Printing cuts Q1 2022 loss to SAR 3.3 mln

16/05/2022 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. (SPPC) trimmed net losses after Zakat and tax to SAR 3.3 million in the first quarter of 2022, from SAR 13.6 million in the year-earlier period, backed by higher revenues, along with a decline in general and administrative expenses.



Current Quarter Comparison (M)

Compared With The
Item Q1 2021 Q1 2022 Change‬
Revenues 173.44 236.42 36.3 %
Gross Income 22.87 34.20 49.5 %
Operating Income (5.17) 0.06 101.2 %
Net Income (13.56) (3.28) 75.8 %
Average Shares 60.00 60.00 -
Earnings Per Share before unusual items (Riyals) (0.23) (0.14) 38.2 %
EPS (Riyals) (0.23) (0.05) 75.8 %

On a quarterly basis, net losses after Zakat and tax narrowed by 74% from SAR 12.64 million in Q4 2021 on better revenue.

 

Shareholders' equity, after minority interest, decreased by 7.3% to SAR 638.46 million in Q1 2022, compared to SAR 689.02 million a year earlier.

 

Accumulated losses stood at SAR 69.87 million, or 11.64% of the company’s capital, in Q1 2022.

View more financial results

 

View other reports

Share Price

Saudi Printing and Packaging Co.
9.38
(1.04) (9.98 %)

Saudi Printing and Packaging Co. (SPPC)

More


Financial Ratios
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 )
more

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.

Contact Us (+966)-92000-7759

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.

Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2025, Argaam Investment, All Rights Reserved
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