Saudi Pharmaceutical Industries and Medical Appliances Corp (SPIMACO) News - Mubasher Info
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23 May 06:56 PM

Saudi Pharmaceutical Industries and Medical Appliances Corp (2070)

Last update: 21 May 03:15 PM market time.
28.98
0.02
0.07%
Open 29.00
Previous Close 28.96
High 29.28
Low 28.80
Stock Statistics
Volume 288,235
Turnover 8,371,321.22
All data are 15 minutes late during market session

News

Photo Archive
7 August 2018 06:34 PM SIDF approves SAR 287m loan for SPIMACO
Riyadh - Mubasher: Saudi Pharmaceutical Industries and Medical Appliances Corporation (SPIMACO) announced receiving the approval of the Saudi Industrial Development Fund (SIDF) for a SAR 287.1 million. The approval letter was received, and the …
Banking and Finance
The firm’s profits fell 40.45% to SAR 91.33 million in H1-18
1 August 2018 11:21 AM SPIMACO profit falls 34% in Q2
Riyadh – Mubasher: Saudi Pharmaceutical Industries and Medical Appliances Corp (SPIMACO) on Wednesday reported a 33.56% year-on-year drop in net profits for the second quarter of 2018. SPIMACO’s profits amounted to SAR 35.49 million in Q2-18, …
Financial Results
SPIMACO will later disclose the financial impact of this agreement
27 June 2018 04:48 PM SPIMACO inks final deal with Sweden’s AstraZeneca
Riyadh – Mubasher: Saudi Pharmaceutical Industries and Medical Appliances Corp (SPIMACO) has signed an agreement with the Swedish AstraZeneca, one of the largest companies in the biopharmaceutical business across the globe. The Saudi company will …
Companies Investments
Photo Archive
6 June 2018 04:47 PM SPIMACO sells 2.6 million Yansab shares
Riyadh - Mubasher: Saudi Pharmaceutical Industries and Medical Appliances (SPIMACO) has announced selling 2.6 million shares in Yanbu National Petrochemicals (Yansab). SPIMACO said in a statement on Wednesday that the transaction was carried out …
Trading Activities
SPIMACO Egypt’s capital will rise to EGP 200 million from EGP 66.88 million
3 May 2018 00:21 PM Saudi SPIMACO nods to Egypt unit capital hike
Riyadh – Mubasher: Saudi Pharmaceutical Industries and Medical Appliances Corp’s (SPIMACO) on Thursday said that the board of directors had approved increasing SPIMACO Egypt's capital by 199% during the meeting held the previous day. SPIMACO …
Banking and Finance
SPIMACO’s net profits fell to SAR 55.8 million during Q1-18
3 May 2018 09:52 AM Saudi SPIMACO profit slides 44% in Q1
Riyadh – Mubasher: Saudi Pharmaceutical Industries and Medical Appliances Corp (SPIMACO) on Thursday reported a 44.1% decline in its net profits for the first quarter of 2018, compared to the year-ago period. SPIMACO’s net profits fell to SAR 55.8 …
Financial Results
This MoU aims at endorsing the vital technology in Saudi Arabia
23 April 2018 05:03 PM SPIMACO inks vital tech MoU with PIF unit
Riyadh – Mubasher: Saudi Pharmaceutical Industries and Medical Appliances Corp (SPIMACO) has signed a memorandum of understanding (MoU) with the Saudi Technology Development and Investment Company (TAQNIA), a subsidiary of the Saudi Public …
Companies Investments
Spimaco aims to raise its stake in the pharmaceutical industry to 2%
16 April 2018 05:26 PM Saudi Arabia to manufacture cancer drugs by 2020 - CEO
Riyadh – Mubasher: Medicines that treat cancer tumors will be domestically manufactured in the Saudi market as of 2020, Saudi Pharmaceutical Industries and Medical Appliances Company’s (Spimaco) CEO Fahad bin Ibrahim Alkhalaf said. Spimaco aims to …
Sector Reports
Nationalising cancer drug production in the GCC nation is part of Saudi Vision 2030
15 April 2018 02:13 PM SPIMACO to Saudise cancer drug production
Riyadh – Mubasher: Saudi Pharmaceutical Industries and Medical Appliances Company (SPIMACO) has signed a memorandum of understanding (MoU) with Switzerland-based Hoffman La Roche to start Saudisation of cancer drug manufacturing in the kingdom. …
Corporate Actions
SPIMACO will sign a deal with Hoffman La Roche
12 April 2018 06:33 PM SPIMACO to ink MoU with Swiss firm to nationalise drug production
Riyadh – Mubasher: Saudi Pharmaceutical Industries and Medical Appliances Company (SPIMACO) on Thursday revealed that it will sign a memorandum of understanding (MoU) with Switzerland-based Hoffman La Roche to bolster partnerships and development …
Companies Investments
Al Watan Arabia for Pharmaceutical Products is a 65% subsidiary of SPIMACO.
22 March 2018 05:25 PM SPIMACO's unit to add new activities; raise capital to SAR 150m
Riyadh – Mubasher: Saudi Pharmaceutical Industries and Medical Appliances Company’s (SPIMACO) board of directors approved Al Watan Arabia for Pharmaceutical Products' request to add activities of producing veterinary drugs and medical supplies. …
Board of Directors
SPIMACO's sales reached about SAR 300 million
12 March 2018 09:53 AM Saudi SPIMACO eyes boosting sales by 10% – CEO
Riyadh – Mubasher: Saudi Pharmaceutical Industries and Medical Appliances Company (SPIMACO) plans to increase its sales by 10% over the coming years, CEO Fahad Alkhalaf said. The Saudi Arabia-based firm has signed more than 30 agreements with …
Companies Investments
The estimated cost of producing cancer drugs at Qassim plant stood at SAR 245 million
8 March 2018 10:24 AM Saudi SPIMACO to ink medicine production MoU with AstraZeneca UK
Riyadh – Mubasher: Saudi Pharmaceutical Industries and Medical Appliances Company (SPIMACO) will sign on Thursday evening a memorandum of understanding (MoU) with AstraZeneca UK Limited to produce 17 cancer medicines.  Scheduled to be signed in …
Corporate Actions
The projected will be finalised by the fourth quarter of 2018
3 January 2018 06:39 PM SPIMACO pushes back completion of Morocco project to Q4-18
Riyadh – Mubasher: Saudi Pharmaceutical Industries and Medical Appliances Company (SPIMACO) on Wednesday announced that its planned pharmaceutical plant in Morocco was projected to be finalised by the fourth quarter of 2018, instead of Q4-2017.  …
Companies Investments
Photo Archive
19 November 2017 09:32 PM SPIMACO to build new $40m production unit in Morocco
Riyadh - Mubasher: Saudi Pharmaceutical Industries and Medical Appliances Corporation (SPIMACO) said that its Morocco branch will establish a new huge production unit in the industrial zone in Berrechid. The project will have investments of $40 …
Companies Investments
Quarter-on-quarter, SPIMACO’s profits dropped 84.6%
8 November 2017 07:36 PM SPIMACO profits rise 9% in Q3
Riyadh - Mubasher: Saudi Pharmaceutical Industries and Medical Appliances Corp (SPIMACO) on Wednesday said it achieved a net profit increase of 9.3% to reach SAR 8.22 million in the third quarter of 2017, compared with SAR 7.52 million in the same …
Financial Results
SPIMACO reported a 35.76% year-on-year rise in profits for Q2-17
6 August 2017 10:57 AM SPIMACO Q2 profits surge 36% amid lower expenses
Riyadh – Mubahser: Saudi Pharmaceutical Industries and Medical Appliances Corp (SPIMACO) reported a 35.76% year-on-year rise in profits for the second quarter of 2017, compared to the same period last year, according to a bourse filing on Sunday. …
Financial Results
(Photo archive)
4 May 2017 04:40 PM SPIMACO posts SAR 100m profits in Q1
Riyadh – Mubasher: Saudi Pharmaceutical Industries and Medical Appliances Corp’s (SPIMACO) profits rose 12.9% year-on-year in the first quarter of this year. Profits amounted to SAR 99.95 million in Q1-17 from SAR 88.53 million in Q1-16, according …
Financial Results
(Photo archive)
25 April 2017 03:31 PM SPIMACO to start dividends distribution for 2016 on 11 May
Riyadh – Mubasher: Saudi Pharmaceutical Industries and Medical Appliances Corp (SPIMACO) will start the distribution of cash dividends for 2016 on 11 May. The company will pay out dividends at SAR 1 per share or 10% of capital, totalling SAR 120 …
Event
Photo Credit: Arabianeye-Reuters
17 April 2017 09:18 AM SPIMACO nods to FY16 dividends
Mubasher: The ordinary general meeting (OGM) of Saudi Pharmaceutical Industries and Medical Appliances Corp (SPIMACO) on Sunday approved distributing 10% of capital as cash dividends for fiscal year 2016. The company will pay SAR 1 per share to …
Cash Dividends
Photo Credit: Arabianeye-Reuters
7 April 2017 00:08 PM Key equity changes in Makkah Construction, SPIMACO
Mubasher: The equity ownership movement of the companies listed on the Saudi Stock Exchange (Tadawul) showed two significant changes in both Makkah Construction and Development and Saudi Pharmaceutical Industries and Medical Appliances Corp …
Insider Trading & Treasury Stocks
(Photo archive)
12 March 2017 08:38 AM Spimaco proposes SAR 120m dividends for 2016
Riyadh – Mubasher: Saudi Pharmaceutical Industries and Medical Appliances Corporation’s (Spimaco) board recommended paying 10% of nominal value as cash dividends for fiscal year 2016. The company will distribute SAR 120 million in cash dividends …
Cash Dividends
(Photo Archive)
16 January 2017 09:56 PM SPIMACO sold 77m shares in Yansab SAR340m
Riyadh - Mubasher: Saudi Pharmaceutical Industries and Medical Appliances Corporation (SPIMACO) announced Sunday selling 77 million shares of its stake in Yanbu National Petrochemicals (Yansab), according to a bourse filing. According to the …
Financial Results
(Photo archive)
4 December 2016 09:26 AM SPIMACO raises stake in Morocco's unit to 70.6%
Riyadh - Mubasher: Saudi Pharmaceutical Industries and Medical Appliances Corporation (SPIMACO) raised its stake in Moroccan Arabic Pharmaceuticals (Aavarma), its affiliate company in Morocco. The pharmaceutical company increased its stake to …
Companies Investments
(Photo archive)
13 November 2016 04:21 PM Spimaco to suffer SAR 40m losses in Q4 on EGP devaluation
Riyadh – Mubasher: Saudi Pharmaceutical Industries and Medical Appliances Corporation (Spimaco) said that its operations in Egypt will negatively affected by the latest currency floatation. The company expected that the consolidated net profits …
Companies Investments