“Printing and Packaging” losses decreased by 20.6% to 24.76 million riyals in the second quarter
Losses of the Saudi Printing and Packaging Company decreased "Printing and packaging" In the second quarter of 2026, by 20.6% to 24.76 million riyals, compared to losses of 31.18 million riyals in the same quarter of last year.
According to the company’s statement on the website "Saudi Arabia trading"The reason for the decrease in net loss during the current quarter compared to the same quarter of the previous year is due to a decrease in selling, marketing, general and administrative expenses, in addition to a decrease in financing costs.
The reason for the increase in net loss during the current quarter compared to the previous quarter is that the result of the previous quarter included non-recurring income resulting from converting loans into equity in the amount of 31.35 million riyals.
According to the statement, the decrease in net loss is due during the first half of the current year, compared to the period Similar results from the previous year led to the conversion of loans into equity at an amount of 31.35 million riyals in the first quarter of 2026 and a decrease in selling, marketing, general and administrative expenses, in addition to a decrease in financing costs.
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