- Business
- Saudi Printing and Packaging Co. (SPPC: 4270.SR) is a Saudi joint-stock company engaged in integrated printing and packaging services across the Middle East and North Africa. Founded in 1963 as Al-Madinah Printing and Publication Company and headquartered in Riyadh, Saudi Arabia, the company operates through two primary segments: printing, which encompasses newspapers, magazines, books, commercial publications, and bound materials in multiple languages via subsidiaries such as Al-Madinah Printing and Publication Company and Hala Printing Company; and packaging, which includes flexible packaging, folding cartons, tin printing, plastic products such as cups, bottles and closures, commercial labels, and printing on plastics through subsidiaries like Emirates National Factory for Plastic Industries, Taiba Printing Press, Future Pack Factory, City Pack and Packaging Company, Flexible Packaging Company, al-Madinah Packaging Company, Future Plast, Union International Clear Packaging Company, United Security Company, Future Plast Industries Company, and KAPCO United Commercial Packaging. It maintains advanced printing centers in Riyadh, Jeddah, and Dammam, printing titles including Asharq al-Awsat, al-Eqtisadiah, Arriyadih, Arab News, and al-Watan, while packaging facilities span Riyadh, Jeddah, al-Madinah al-Munawwarah in Saudi Arabia, and Sharjah and Abu Dhabi in the United Arab Emirates, serving sectors such as food and beverage, pharmaceuticals, consumer goods, and government entities like the Ministry of Education and Ministry of Interior. The company, majority-owned by Saudi Research and Media Group, listed on Tadawul in 2007 with SAR 600 million in capital and generates revenue primarily from Saudi Arabia, the UAE, and other regional markets. In August 2024, SPPC signed a SAR 75 million financing agreement with major shareholder Saudi Research and Media Group to support operations amid reported net losses and revenue declines in 2024, reflecting ongoing financial pressures in a challenging market environment.