Saudi Printing realizes SAR 14.2 mln capital gain on Jeddah land sale

18/01/2015 Argaam

Saudi Printing and Packaging Co. (SPPC) said on Sunday that it sold six land plots for SAR 15.6 million.

The company realized a capital gain of almost SAR 14.2 million, which will be recognized in SPPC’s consolidated interim statement of income for the first quarter of 2015.  

 

Spread out on an area of over 6,000 square meters, the lands are located in Al-Manar district in Jeddah, SPPC said in a statement to Tadawul.


The lands, on which some of the company’s warehouses are built, is owned by SPPC’s subsidiary Almadina Printing & Publishing Co.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
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.