Saudi Printing and Packaging Co. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was SAR 191.89 million compared to SAR 270.24 million a year ago. Net loss was SAR 20.12 million compared to net income of SAR 0.900128 million a year ago. Basic loss per share from continuing operations was SAR 0.34 compared to basic earnings per share from continuing operations of SAR 0.02 a year ago.
For the six months, sales was SAR 402.82 million compared to SAR 506.66 million a year ago. Net loss was SAR 35.44 million compared to SAR 2.38 million a year ago. Basic loss per share from continuing operations was SAR 0.59 compared to SAR 0.04 a year ago.