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Saudi Paper Manufacturing Co (2300)

Last update: 25 August 03:19 PM market time.
8.72
-0.23
-2.57%
Open 8.82
Previous Close 8.95
High 8.87
Low 8.70
Stock Statistics
Volume 213,902
Turnover 1,877,499.23
All data are 15 minutes late during market session

News

The company achieved profits of SAR 8.02 million in H1-19
29 July 04:16 PM SPMC turns profitable in H1
Riyadh – Mubasher: Saudi Paper Manufacturing Company (SPMC) reported its interim financial results for the first half of 2019. The company achieved profits of SAR 8.02 million in H1-19, against losses of SAR 5.59 million in H1-18, according to the …
SPMC planned to raise production capacity and improve quality
13 May 01:12 PM SPMC reduces accumulated losses to 33% of capital
Riyadh – Mubasher: Saudi Paper Manufacturing Company (SPMC) posted SAR 80.55 million in accumulated losses during the first quarter of 2019, representing 32.88% of its capital. Improved collections helped in reducing the company’s accumulated …
Net profits amounted to SAR 23.46 million in Q1-19
13 May 09:30 AM SPMC’s profit leaps 398% in Q1
Riyadh – Mubasher: Saudi Paper Manufacturing Company (SPMC) reported a 398.09% year-on-year surge in its profits during the first quarter of 2019. Net profits amounted to SAR 23.46 million in Q1-19, from SAR 4.71 million in Q1-18, according to the …
The value of the loan originally amounted to SAR 267 million
30 April 12:46 PM SPMC reschedules SAR 48m loan with Alinma Bank
Riyadh – Mubasher: Saudi Paper Manufacturing Company (SPMC) has signed an agreement with Alinma Bank to reschedule a SAR 48 million existing sharia-compliant credit facility. The value of the loan originally amounted to SAR 267 million, according …
SPMC’s net losses hiked to SAR 62.3 million in Q4-18
31 March 05:49 PM SPMC's loss grows 139.5% in 2018
Riyadh – Mubasher: Saudi Paper Manufacturing Company (SPMC) on Sunday reported a 139.5% year-on-year loss increase in 2018. The Saudi firm’s amounted to SAR 115 million last year, compared to SAR 48 million in 2017, according to the company’s …
SPMC’s losses rise 171% to SAR 10m during Q2
9 August 2018 06:06 PM SPMC’s losses rise 171% to SAR 10m during Q2
Riyadh – Mubasher: Saudi Paper Manufacturing Company (SPMC) on Thursday reported a 171.05% increase in net losses for the second quarter of 2018, compared to the year-ago period. SPMC’s losses amounted to SAR 10.3 million during Q2-18, up from SAR …
The CMA has stated the capital reduction will be subject to the EGM’s approval
23 May 2018 11:14 AM Saudi CMA nods to SPMC’s capital cut
Riyadh – Mubasher: The Saudi Capital Market Authority (CMA) has approved Saudi Paper Manufacturing Company’s (SPMC) request to trim the capital to SAR 245 million from SAR 450 million. SPMC’s shares will decrease to 24.5 million shares from 45 …
SPMC’s net profits amounted to SAR 4.7 million in Q1-18, against incurring SAR 6.3 million losses during Q1-17, according to a bourse filing
23 April 2018 04:49 PM SPMC turns profitable in Q1 on higher sales
Riyadh – Mubasher: Saudi Paper Manufacturing Company (SPMC) on Monday reported that it had turned a profit during the first quarter of 2018, against suffering losses in the year-ago period. SPMC’s net profits amounted to SAR 4.7 million in Q1-18, …
SPMC guaranteed the loan with its equipment and properties
3 January 2018 09:14 AM SIDF nods to SAR 37m loan rescheduling for Saudi Paper
Riyadh – Mubasher: Saudi Paper Manufacturing Company (SPMC) on Wednesday announced that the Saudi Industrial Development Fund (SIDF) has approved the rescheduling of one of its loans. The SAR 37 million loan will be repaid between 20 April 2019 …
The contract's period will start on 19 February 2018 until 19 November 2023
21 December 2017 10:40 AM Al Inma Bank reschedules SPMC's SAR 277m loan
Riyadh – Mubasher: Saudi Paper Manufacturing Company (SPMC) signed a SAR 277 million ($73.87 million) reschedule finance agreement with Al Inma Bank on Wednesday, 20 December. The contract's period will start on 19 February 2018 until 19 November …
KSA's SPMC inks MoU with Turkey's Ipek Kağıt
6 December 2017 10:19 AM KSA's SPMC inks MoU with Turkey's Ipek Kağıt
Riyadh – Mubasher: Saudi Paper Manufacturing Company's (SPMC) signed on Tuesday, 5 December a memorandum of understanding (MoU) with Turkey-based, Ipek Kağıt to manufacture and distribute the Turkish company’s brand, Selpak brand tissues in the …
Net losses dropped to SAR 3.1 million in Q3-17, from SAR 21.5 million in Q3-16, according to a bourse filing
23 October 2017 03:06 PM SPMC trims losses by 85.6% in Q3
Riyadh – Mubasher: Saudi Paper Manufacturing Company's (SPMC) on Monday said its net losses decreased by 85.6% year-on-year in the third quarter of 2017. Net losses were trimmed to SAR 3.1 million in Q3-17, from SAR 21.5 million in Q3-16, …
The Tadawul All Share Index (TASI) increased 0.42% or 29.8 points to reach 7,124 points
1 August 2017 00:55 PM SPMC, MEPCO top TASI gainers Tuesday
Riyadh – Mubasher: Middle East Paper Co's (MEPCO) and Saudi Paper Manufacturing Company's (SPMC) stocks led the Saudi Stock Exchange's (Tadawul) gainers on Tuesday. By 11:06 am Saudi time, SPMC’s stock rose 10% to SAR 7.37, with a traded value of …
Losses amounted to SAR 3.8 million in Q2-17
30 July 2017 10:07 PM Saudi Paper narrows losses in Q2
Riyadh - Mubasher: Saudi Paper Manufacturing Company (SPMC) reported a drop in losses by 47.2% in the second quarter of the year compared to the same period in 2016. Losses reached SAR 3.8 million in Q2-17 compared to SAR 7.2 million in Q2-16, the …
A number of companies will hold their general meetings this week
1 July 2017 04:27 PM Tadawul awaits important events this week
Riyadh - Mubasher: Investors in the Saudi Stock Exchange (Tadawul) are anticipating a series of major events in the upcoming week, between 2 and 6 July, led by the distribution of cash dividends by the National Commercial Bank (NCB). On Sunday, …
(Photo credit: Arabianeye - Reuters)
10 May 2017 10:07 AM SPMC narrows losses in Q1
Riyadh – Mubasher: Saudi Paper Manufacturing Co's (SPMC) net losses fell 10.1% in the first quarter of 2017. Net losses reached SAR 6.3 million in Q1-17 compared to SAR 7.05 million in the year-ago period, according to a bourse filing on …
(Photo credit: Arabianeye - Reuters)
28 April 2017 02:05 PM Tadawul gains, Nomu loses in week
Riyadh – Mubasher: The main index of the Saudi Stock Exchange (Tadawul) went up 0.68% or 46.74 points to reach 6,945.74 points in the week ended 27 April compared to 6,899.9 points last week. The market’s turnover increased 4% to SAR 15.366 …
Hassan bin Mrezn bin Ali Asiri is the new CEO
16 November 2016 09:30 AM Saudi Paper Manufacturing names new CEO
Riyadh – Mubasher: The board of Saudi Paper Manufacturing decided to appoint Hassan bin Mrezn bin Ali Asiri as the new CEO as of 1 February 2017, according to a bourse filing on Wednesday.   Earlier, the company approved the resignation of the CEO …
(Photo archive)
7 November 2016 05:46 PM Saudi Paper appoints new temporary CEO
Riyadh – Mubasher: Saudi Paper Manufacturing Co. (SPMC) approved the resignation of the chief executive officer (CEO), Adel Bin Mohamed Bin Abdul Samad Ezzat, for personal reasons. The company appointed on Monday Abdul Rahman Al-Otaibi, the former …
Photo Archive
27 March 2016 09:57 AM Saudi Paper says evaluating impact of subsidiary's fire accident
Riyadh-Mubasher: Saudi Paper Manufacturing Co. (SPMC) said it is currently evaluating the financial impact of the fire which broke out in its Riyadh-based subsidiary Saudi Recycling Co. on 26 March. All plants and facilities are subject to …
Photo - Archive
28 February 2016 09:23 AM Saudi Paper Manufacturing stock suspension lifted
Riyadh – Mubasher: Saudi Paper Manufacturing can start trading its shares from 29 February, Capital Market Authority announced. The authority froze the company’s activity after its financial statements for the period ended 31 December 2015 were …
Photo Archive
25 February 2016 07:58 PM CMA to halt Saudi Paper until releasing FY15 financials
Riyadh-Mubasher: The Capital Market Authority (CMA) decided to put the stock of Saudi Paper Manufacturing Co. on halt as of Sunday, 28 February until the company releases financial results for the fiscal year ended 31 December 2015.  The stock …
Photo Archive
3 February 2016 10:11 PM Changes in major shareholders’ list for 3 February
Riyadh-Mubasher: The major shareholders’ list of some companies listed on the Saudi stock market witnessed some changes on Wednesday, as shown in the following table:
Photo Archive
24 January 2016 03:57 PM Saudi Paper names consultant for restructuring plan
Riyadh-Mubasher: Saudi Paper Manufacturing Co. (SPMC) has appointed an international consultancy firm to advise it on a restructuring plan, the company said in a bourse statement on Sunday. SPMC’s strategy will focus on bolstering efficiency, …
Photo Credit: Arabianeye - Reuters
5 January 2016 10:16 PM Changes in major shareholders' list for 5 Jan
Riyadh-Mubasher: The major shareholders' list of some Tadawul-listed companies witnessed some changes on Tuesday, as shown in the following table: