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FINANCIAL NEWS
Saudi Printing & Packaging reports 11.3% increase in Q3 profits
17 Oct 2012
(MENAFN) Saudi Printing & Packaging Company (SPPC) posted an 11.3 percent increase in quarterly profits on higher sales, the company said in a statement on Saudi bourse (Tadawul).
The company said it made USD1.8 million net profit during the third quarter, up from USD1.65 million a year earlier.
The company also reported a 25 percent increase in quarterly operating profit to USD2.66 million from USD2.13 million a year earlier.
Net profit for the first nine months of 2012 declined by 3.4 percent to USD6.8 million, compared to USD7 million a year earlier.
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BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
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Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
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