Financial Results : Saudi Printing narrows losses to SAR 14.9 mln in Q1 2020

Saudi Printing narrows losses to SAR 14.9 mln in Q1 2020

27/04/2020 Argaam Exclusive

View other reports

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 -
EPS (Riyals) (0.38) (0.25) 35.2 %

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

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

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 {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

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

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
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.