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.

Quarter-on-quarter, FIPCO’s loss surged 92%, from SAR 2.5 million in the first three months of 2019.

The Tadawul-listed company incurred SAR 7.3 million loss in the first half of the year.