Filing and Packing Materials Manufacturing Co (2180)

Riyadh – Mubasher: Filling and Packing Materials Manufacturing Company (FIPCO) has signed a short-term loan agreement with the Saudi Export-Import Bank (Saudi EXIM Bank) to support its export activities, according to a bourse filing. The …

Riyadh – Mubasher: Filing and Packing Materials Manufacturing Company (FIPCO) has named Abdullah Muhammad Alharbi as its new CEO, according to a bourse filing. Alharbi, who assumed his new role on 1 January 2023, holds a bachelor’s degree in …

Riyadh – Mubasher: The Capital Market Authority (CMA) approved Filing and Packing Materials Manufacturing Company’s (FIPCO) request to increase the capital through a rights issue worth SAR 115 million. According to the latest data on the Saudi …

Riyadh – Mubasher: Filing and Packing Materials Manufacturing Company (FIPCO) has signed a financing agreement with the Saudi Industrial Development Fund (SIDF) to secure a loan worth SAR 15.1 million. FIPCO obtained the funding on 15 December …

Riyadh – Mubasher: Filling and Packing Materials Manufacturing Company (FIPCO) has renewed a Shariah-compliant banking facility agreement with Riyad Bank to obtain SAR 73.68 million. The financing duration is from 25 March 2021 until 25 March …

Riyadh – Mubasher: Filing and Packing Materials Manufacturing Company (FIPCO) has renewed a credit facilities agreement worth SAR 30 million with Bank Albilad, according to a bourse filing on Monday. The sharia-compliant loan deal carries a …

Riyadh – Mubasher: Filling and Packing Materials Manufacturing Company’s (FIPCO) net losses after Zakat and tax decreased by 29.17% in the second quarter (Q2) of 2020, recording SAR 3.4 million from SAR 4.8 million in the same period in 2019. This …

Riyadh – Mubasher: Filling and Packing Materials Manufacturing Company (FIPCO) has renewed a SAR 30 million Shariah-compliant banking facility agreement with Bank Albilad. The agreement’s duration is for one year from 25 March 2020 to 25 March …

Riyadh – Mubasher: The Filling and Packing Materials Manufacturing Company (FIPCO) reported SAR 4.2 million in net profit for the first quarter (Q1) of 2020, against losses of SAR 2.2 million in the same period of 2019, as shown by its …

Riyadh – Mubasher: Filling and Packing Materials Manufacturing Company (FIPCO) announced the renewal of a Shariah-compliant SAR 25 million banking facility agreement with Riyad Bank. The one-year renewal began on 9 April 2020 and will ends in 20 …

Riyadh – Mubasher: The Filling and Packing Materials Manufacturing Company (FIPCO) announced that its subsidiary (FPC Industries Co.) has obtained the accreditation of the Saudi Arabian Oil Company (Saudi Aramco) as a technical textile …

Riyadh – Mubasher: The Filling and Packing Materials Manufacturing Company (FIPCO) has signed an agreement with Erad Investment Company to acquire the full minority shareholding at its subsidiary, FPC Industries Company. FIPCO currently owns an …

Riyadh – Mubasher: Filing and Packing Material Manufacturing Company (FIPCO) has been selected by the Saudi Authority for Industrial Cities and Technology Zones (MODON) for the National Productivity Program Initiative, one of the Saudi Vision 2030 …

Riyadh – Mubasher: Filling and Packing Materials Manufacturing Company (FIPCO) announced that its subsidiary, FPC Industries Company, has obtained an accreditation certificate for its fire-retardant industrial fabrics from the Pilgrims Housing …

Riyadh – Mubasher: Filing and Packing Materials Manufacturing Company (FIPCO) has announced the renewal of a SAR 30 million Shariah-compliant banking facility agreement with Bank Albilad. The credit facility duration starts from 22 October 2019 …

Riyadh – Mubasher: Filing and Packing Materials Manufacturing Company (FIPCO) turned to loss during the second quarter of 2019. The company’s loss reached SAR 4.8 million in Q2-19, according to a bourse statement released on Thursday. …

Riyadh – Mubasher: Filing and Packing Materials Manufacturing Company (FIPCO) reported turning to losses during the first quarter of 2019. FIPCO’s losses after calculating Zakat and Tax amounted to SAR 2.5 million in Q1-19, against a profit of SAR …

Riyadh – Mubasher: Saudi Arabia’s Filing and Packing Materials Manufacturing Company (FIPCO) on Sunday has revealed adding SAR 15 million to the loan which was obtained via Riyad Bank, making its value reach SAR 38 million, compared to SAR 23 …

Riyadh – Mubasher: Filing and Packing Materials Manufacturing Company (FIPCO) on Thursday reported turning to loss during the full-year 2018, against achieving a profit in 2017. FIPCO’s net losses after calculating Zakat and Tax amounted to SAR …

The rating was based on some positive fundamentals including FIBCO’s well-established historic operating model

Riyadh – Mubasher: Filing and Packing Materials Manufacturing Company (FIPCO) on Thursday reported a 30% year-on-year profit growth in the third quarter of 2018. Profits amounted to SAR 7.8 million ($2.08 million) during Q3-18, compared to SAR 6 …

Riyadh – Mubasher: Saudi Arabia-based Filing and Packing Materials Manufacturing Company (FIPCO) has signed a contract with Bank Albilad to secure a SAR 30 million sharia-compliant loan on Sunday. FIPCO will use the one-year loan secured by a …

Riyadh – Mubasher: Filing and Packing Materials Manufacturing Company (FIPCO) on Wednesday posted a 54.17% year-on-year surge in its net profits in the second quarter of 2018. FIPCO’s net profits amounted to SAR 740,000 in the period between April …

Riyadh - Mubasher: Filing and Packing Materials Manufacturing Company (FIPCO) announced that it has renewed a sharia-compliant banking facilitation agreement with Riyad Bank. The agreement has modified credit limits to SAR 72 million, consisting …

Riyadh – Mubasher: The Saudi Basic Industries Corporation (SABIC) has awarded Filing and Packing Materials Manufacturing Company (FIPCO) a SAR 20.5 million contract to produce and supply plastic bags. The deal’s value may vary based on the …