SPPC’s subsidiary wins SAR 65 mln printing deals

04/03/2018 Argaam

 

Saudi Printing and Packaging Co.’s (SPPC) wholly-owned subsidiary, Al Madina Al Munawara Printing and Publishing Co., has been awarded four contracts worth SAR 65 million by the ministry of education to print academic syllabus.

 

The related financial impact of the new deals is projected to show in the second, third and fourth quarters of 2018, SPPC said in a bourse statement on Sunday.

 

The first contract was valued at SAR 4.99 million, the second (SAR 7.32 million), the third (SAR 12.7 million) and the fourth (SAR 40 million).

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