FIPCO turns to SAR 1.3 mln profit in H1 2022; Q2 at SAR 900,000

23/08/2022 Argaam Exclusive

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Filing and Packing Materials Manufacturing Co. (FIPCO) turned to a net profit after Zakat and tax of SAR 1.3 million for the first half of 2022, against a net loss after Zakat and tax of SAR 6.7 million a year earlier.

Financials (M)

Item	6m 2021	6m 2022	Change‬
Revenues	107.34	134.15	25.0 %
Gross Income	13.79	19.59	42.0 %
Operating Income	(3.79)	1.17	130.8 %
Net Income	(6.74)	1.26	118.6 %
Average Shares	11.50	11.50	-
EPS (Riyals)	(0.59)	0.11	118.6 %

The profit growth was triggered by higher gross profit due to increased turnover as well as improved profit margin. The company also cited expected credit losses provision that was decreased, in accordance with IFRS 9, in addition to higher other revenues because of obtaining financial support from “ESTERDAD” initiative issued by the Small and Medium Enterprises General Authority (Monsha'at).

FIPCO also noted impairment of capital assets for low economic viability that took place in the first quarter of 2021.

This was despite higher selling and marketing expenses, as well as increased banking charges.

Current Quarter Comparison (M)

Compared With The

Item	Q2 2021	Q2 2022	Change‬
Revenues	58.81	71.28	21.2 %
Gross Income	5.58	10.96	96.3 %
Operating Income	(3.27)	0.59	118.2 %
Net Income	(5.21)	0.89	117.1 %
Average Shares	11.50	11.50	-
EPS (Riyals)	(0.45)	0.08	117.1 %

Item	Q1 2022	Q2 2022	Change‬
Revenues	62.88	71.28	13.4 %
Gross Income	8.63	10.96	27.1 %
Operating Income	0.58	0.59	3.3 %
Net Income	0.37	0.89	143.1 %
Average Shares	11.50	11.50	-
EPS (Riyals)	0.03	0.08	143.1 %

In the second quarter of 2022, the company posted a net profit of SAR 900,000, against a net loss of SAR 5.2 million a year earlier, driven by higher gross profit, low credit losses provisions and high other revenue.

On a sequential basis, Q2 2022 net earnings increased from SAR 400,000.

Total shareholders’ equity, after minority interest, reached SAR 121.3 million as of June 30, 2022, down 0.57% from SAR 122 million a year earlier.

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Financial results (Million)

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
Q1 2013	56.46	7.4 %	11.90	2.4 %	7.75	0.9 %
Q2 2013	57.13	4.3 %	11.26	(3.1 %)	7.24	(8.5 %)
Q3 2013	52.00	0.6 %	11.02	14.3 %	6.56	9.4 %
Q4 2013	48.75	2.5 %	10.34	1.8 %	6.72	6.9 %
2013	214.34	3.7 %	44.52	3.5 %	28.27	1.4 %
Q1 2014	48.90	(13.4 %)	11.96	0.5 %	7.84	1.1 %
Q2 2014	45.27	(20.8 %)	11.01	(2.2 %)	6.74	(6.9 %)
Q3 2014	50.48	(2.9 %)	10.14	(8.0 %)	6.20	(5.5 %)
Q4 2014	59.90	22.9 %	10.67	3.2 %	6.49	(3.3 %)
2014	204.55	(4.6 %)	43.78	(1.7 %)	27.27	(3.5 %)
Q1 2015	50.37	3.0 %	7.14	(40.3 %)	2.83	(64.0 %)
Q2 2015	51.89	14.6 %	10.90	(1.0 %)	6.21	(7.8 %)
Q3 2015	47.83	(5.3 %)	9.94	(2.0 %)	5.72	(7.7 %)
Q4 2015	41.14	(31.3 %)	7.19	(32.6 %)	2.71	(58.3 %)
2015	191.24	(6.5 %)	35.17	(19.7 %)	17.46	(36.0 %)
Q1 2016	45.15	(10.4 %)	9.39	31.7 %	4.74	67.9 %
Q2 2016	44.36	(14.5 %)	9.40	(13.8 %)	4.54	(26.9 %)
Q3 2016	30.65	(35.9 %)	4.45	(55.3 %)	1.25	(78.1 %)
Q4 2016	44.92	9.2 %	6.59	(8.3 %)	1.88	(30.6 %)
2016	165.08	(13.7 %)	29.83	(15.2 %)	12.42	(28.9 %)
Q1 2017	41.19	(8.8 %)	7.74	(17.6 %)	2.08	(56.1 %)
Q2 2017	40.43	(8.9 %)	6.92	(26.3 %)	0.92	(79.8 %)
Q3 2017	34.59	12.9 %	6.01	35.2 %	1.53	22.1 %
Q4 2017	37.39	(16.8 %)	6.64	0.7 %	1.76	(6.4 %)
2017	153.60	(7.0 %)	27.11	(9.1 %)	6.28	(49.4 %)
Q1 2018	35.75	(13.2 %)	8.05	4.0 %	2.04	(2.0 %)
Q2 2018	43.83	8.4 %	8.28	19.6 %	1.26	37.0 %
Q3 2018	43.90	26.9 %	7.87	31.0 %	1.07	(30.3 %)
Q4 2018	40.06	7.1 %	5.08	(23.4 %)	(6.77)	(485.6 %)
2018	163.55	6.5 %	29.28	8.0 %	(2.41)	(138.3 %)
Q1 2019	36.71	2.7 %	5.78	(28.2 %)	(2.98)	(246.0 %)
Q2 2019	38.14	(13.0 %)	6.06	(26.7 %)	(4.62)	(467.8 %)
Q3 2019	46.23	5.3 %	6.46	(17.9 %)	(2.03)	(290.6 %)
Q4 2019	43.05	7.5 %	2.34	(54.1 %)	(15.41)	(127.6 %)
2019	164.14	0.4 %	20.64	(29.5 %)	(22.29)	(826.8 %)
Q1 2020	48.33	31.6 %	10.09	74.7 %	5.77	293.5 %
Q2 2020	45.20	18.5 %	5.11	(15.7 %)	(1.90)	59.0 %
Q3 2020	41.47	(10.3 %)	5.51	(14.8 %)	0.37	118.1 %
Q4 2020	46.51	8.0 %	8.60	268.4 %	(2.54)	83.5 %
2020	181.51	10.6 %	29.31	42.0 %	1.70	107.6 %
Q1 2021	48.54	0.4 %	8.21	(18.7 %)	(0.53)	(109.1 %)
Q2 2021	58.81	30.1 %	5.58	9.3 %	(3.27)	(72.3 %)
Q3 2021	54.93	32.4 %	5.94	7.9 %	(1.60)	(533.7 %)
Q4 2021	60.32	29.7 %	9.26	7.6 %	0.21	108.1 %
2021	222.59	22.6 %	28.99	(1.1 %)	(5.18)	(405.8 %)
Q1 2022	62.88	29.6 %	8.63	5.1 %	0.58	209.3 %
Q2 2022	71.28	21.2 %	10.96	96.3 %	0.59	118.2 %

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
2012	206.65	0.4 %	43.03	34.5 %	27.87	50.8 %
2013	214.34	3.7 %	44.52	3.5 %	28.27	1.4 %
2014	204.55	(4.6 %)	43.78	(1.7 %)	27.27	(3.5 %)
2015	191.24	(6.5 %)	35.17	(19.7 %)	17.46	(36.0 %)
2016	165.08	(13.7 %)	29.83	(15.2 %)	12.42	(28.9 %)
2017	153.60	(7.0 %)	27.11	(9.1 %)	6.28	(49.4 %)
2018	163.55	6.5 %	29.28	8.0 %	(2.41)	(138.3 %)
2019	164.14	0.4 %	20.64	(29.5 %)	(22.29)	(826.8 %)
2020	181.51	10.6 %	29.31	42.0 %	1.70	107.6 %
2021	222.59	22.6 %	28.99	(1.1 %)	(5.18)	(405.8 %)

Profit Performance (Million)

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS Before XO Items
Q1 2013	6.91	(4.2 %)	0.60	-	6.91	0.60
Q2 2013	6.61	(8.6 %)	0.57	-	6.61	0.57
Q3 2013	5.76	9.0 %	0.50	-	5.76	0.50
Q4 2013	6.19	25.0 %	0.54	-	6.19	0.54
2013	25.47	3.2 %	2.22	-	25.47	2.22
Q1 2014	6.93	0.3 %	0.60	-	6.93	0.60
Q2 2014	6.54	(1.1 %)	0.57	-	6.54	0.57
Q3 2014	5.31	(7.9 %)	0.46	-	5.31	0.46
Q4 2014	5.49	(11.3 %)	0.48	-	5.49	0.48
2014	24.27	(4.7 %)	2.11	-	24.27	2.11
Q1 2015	2.51	(63.8 %)	0.22	-	2.51	0.22
Q2 2015	5.52	(15.6 %)	0.48	-	5.52	0.48
Q3 2015	4.71	(11.2 %)	0.41	-	4.71	0.41
Q4 2015	0.42	(92.4 %)	0.04	(1.50)	1.92	0.17
2015	13.15	(45.8 %)	1.14	(1.50)	14.65	1.27
Q1 2016	4.54	81.0 %	0.39	-	4.54	0.39
Q2 2016	3.90	(29.3 %)	0.34	-	3.90	0.34
Q3 2016	0.14	(97.0 %)	0.01	-	0.14	0.01
Q4 2016	2.60	521.0 %	0.23	-	2.60	0.23
2016	11.18	(15.0 %)	0.97	-	11.18	0.97
Q1 2017	3.18	(29.9 %)	0.28	-	3.18	0.28
Q2 2017	0.48	(87.7 %)	0.04	-	0.48	0.04
Q3 2017	0.51	265.0 %	0.04	-	0.51	0.04
Q4 2017	0.98	(62.3 %)	0.09	-	0.98	0.09
2017	5.16	(53.9 %)	0.45	-	5.16	0.45
Q1 2018	1.13	(64.5 %)	0.10	-	1.13	0.10
Q2 2018	0.70	44.8 %	0.06	-	0.70	0.06
Q3 2018	0.77	49.7 %	0.07	-	0.77	0.07
Q4 2018	(8.49)	(964.5 %)	(0.74)	-	(8.49)	(0.74)
2018	(5.90)	(214.4 %)	(0.51)	-	(5.90)	(0.51)
Q1 2019	(2.22)	(296.5 %)	(0.19)	-	(2.22)	(0.19)
Q2 2019	(4.77)	(786.6 %)	(0.41)	-	(4.77)	(0.41)
Q3 2019	(2.73)	(456.6 %)	(0.24)	-	(2.73)	(0.24)
Q4 2019	(10.94)	(28.9 %)	(0.95)	3.34	(14.28)	(1.24)
2019	(20.26)	(243.3 %)	(1.76)	3.34	(23.60)	(2.05)
Q1 2020	4.18	288.5 %	0.36	-	4.18	0.36
Q2 2020	(3.36)	29.6 %	(0.29)	-	(3.36)	(0.29)
Q3 2020	(2.95)	(8.0 %)	(0.26)	-	(2.95)	(0.26)
Q4 2020	(0.85)	92.2 %	(0.07)	-	(0.85)	(0.07)
2020	(2.98)	85.3 %	(0.26)	-	(2.98)	(0.26)
Q1 2021	(1.53)	(136.5 %)	(0.13)	-	(1.53)	(0.13)
Q2 2021	(5.21)	(55.3 %)	(0.45)	-	(5.21)	(0.45)
Q3 2021	(3.44)	(16.9 %)	(0.30)	-	(3.44)	(0.30)
Q4 2021	1.12	231.4 %	0.10	-	1.12	0.10
2021	(9.06)	(204.5 %)	(0.79)	-	(9.06)	(0.79)
Q1 2022	0.37	124.0 %	0.03	-	0.37	0.03
Q2 2022	0.89	117.1 %	0.08	-	0.89	0.08

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS Before XO Items
2012	24.69	57.1 %	2.15	-	24.69	2.15
2013	25.47	3.2 %	2.22	-	25.47	2.22
2014	24.27	(4.7 %)	2.11	-	24.27	2.11
2015	13.15	(45.8 %)	1.14	(1.50)	14.65	1.27
2016	11.18	(15.0 %)	0.97	-	11.18	0.97
2017	5.16	(53.9 %)	0.45	-	5.16	0.45
2018	(5.90)	(214.4 %)	(0.51)	-	(5.90)	(0.51)
2019	(20.26)	(243.3 %)	(1.76)	3.34	(23.60)	(2.05)
2020	(2.98)	85.3 %	(0.26)	-	(2.98)	(0.26)
2021	(9.06)	(204.5 %)	(0.79)	-	(9.06)	(0.79)

Profitability

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2013	20.57 %	17.59 %	11.58 %
Q2 2013	20.18 %	17.26 %	11.16 %
Q3 2013	20.80 %	17.60 %	11.37 %
Q4 2013	20.77 %	17.38 %	11.88 %
2013	20.77 %	17.38 %	11.88 %
Q1 2014	21.56 %	18.07 %	12.33 %
Q2 2014	22.74 %	18.95 %	13.04 %
Q3 2014	22.46 %	19.12 %	12.91 %
Q4 2014	21.40 %	18.14 %	11.86 %
2014	21.40 %	18.14 %	11.86 %
Q1 2015	18.91 %	15.64 %	9.63 %
Q2 2015	18.27 %	14.88 %	8.85 %
Q3 2015	18.40 %	14.74 %	8.68 %
Q4 2015	18.39 %	14.15 %	7.66 %
2015	18.39 %	14.15 %	7.66 %
Q1 2016	20.12 %	15.73 %	8.97 %
Q2 2016	20.12 %	15.66 %	8.44 %
Q3 2016	18.86 %	14.69 %	6.51 %
Q4 2016	18.07 %	13.92 %	6.77 %
2016	18.07 %	13.92 %	6.77 %
Q1 2017	17.49 %	11.80 %	6.10 %
Q2 2017	16.35 %	9.00 %	4.07 %
Q3 2017	16.92 %	8.27 %	4.20 %
Q4 2017	17.78 %	7.83 %	3.36 %
2017	17.65 %	7.83 %	3.36 %
Q1 2018	18.64 %	8.25 %	2.09 %
Q2 2018	19.12 %	8.92 %	2.19 %
Q3 2018	19.17 %	8.40 %	2.22 %
Q4 2018	17.90 %	2.67 %	(3.61 %)
2018	17.90 %	2.67 %	(3.61 %)
Q1 2019	16.42 %	(0.22 %)	(5.62 %)
Q2 2019	15.61 %	(4.11 %)	(9.27 %)
Q3 2019	14.51 %	(5.74 %)	(11.30 %)
Q4 2019	12.57 %	(10.97 %)	(14.62 %)
2019	12.57 %	(9.30 %)	(14.38 %)
Q1 2020	14.20 %	(5.36 %)	(10.01 %)
Q2 2020	13.13 %	(3.86 %)	(8.85 %)
Q3 2020	12.94 %	(2.82 %)	(9.21 %)
Q4 2020	16.15 %	5.10 %	(1.64 %)
2020	16.15 %	5.10 %	(1.64 %)
Q1 2021	15.09 %	1.78 %	(4.78 %)
Q2 2021	14.28 %	1.12 %	(5.40 %)
Q3 2021	13.57 %	0.16 %	(5.29 %)
Q4 2021	13.02 %	1.30 %	(4.07 %)
2021	13.02 %	1.30 %	(4.07 %)
Q1 2022	12.41 %	1.69 %	(3.03 %)
Q2 2022	13.95 %	3.18 %	(0.43 %)

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
2012	20.82 %	17.69 %	11.95 %
2013	20.77 %	17.38 %	11.88 %
2014	21.40 %	18.14 %	11.86 %
2015	18.39 %	14.15 %	7.66 %
2016	18.07 %	13.92 %	6.77 %
2017	17.65 %	7.83 %	3.36 %
2018	17.90 %	2.67 %	(3.61 %)
2019	12.57 %	(9.30 %)	(14.38 %)
2020	16.15 %	5.10 %	(1.64 %)
2021	13.02 %	1.30 %	(4.07 %)

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2013	21.08 %	17.78 %	12.24 %
Q2 2013	19.71 %	16.70 %	11.57 %
Q3 2013	21.19 %	16.80 %	11.08 %
Q4 2013	21.20 %	18.31 %	12.70 %
Q1 2014	24.45 %	20.77 %	14.17 %
Q2 2014	24.32 %	20.14 %	14.45 %
Q3 2014	20.09 %	17.40 %	10.51 %
Q4 2014	17.81 %	15.11 %	9.17 %
Q1 2015	14.17 %	10.47 %	4.98 %
Q2 2015	21.01 %	16.43 %	10.63 %
Q3 2015	20.78 %	16.93 %	9.85 %
Q4 2015	17.48 %	12.54 %	4.66 %
Q1 2016	20.81 %	16.56 %	10.04 %
Q2 2016	21.18 %	16.28 %	8.79 %
Q3 2016	14.51 %	12.52 %	0.46 %
Q4 2016	14.68 %	9.89 %	5.79 %
Q1 2017	18.79 %	8.53 %	7.72 %
Q2 2017	17.13 %	5.83 %	1.19 %
Q3 2017	17.38 %	8.69 %	1.48 %
Q4 2017	17.76 %	8.44 %	2.63 %
Q1 2018	22.51 %	10.35 %	3.16 %
Q2 2018	18.88 %	8.34 %	1.59 %
Q3 2018	17.93 %	6.86 %	1.74 %
Q4 2018	12.69 %	(15.00 %)	(21.19 %)
Q1 2019	15.73 %	(2.79 %)	(6.04 %)
Q2 2019	15.90 %	(6.56 %)	(12.51 %)
Q3 2019	13.98 %	0.63 %	(5.90 %)
Q4 2019	5.42 %	(34.30 %)	(33.17 %)
Q1 2020	20.88 %	15.64 %	8.66 %
Q2 2020	11.30 %	(0.29 %)	(7.43 %)
Q3 2020	13.27 %	5.60 %	(7.11 %)
Q4 2020	18.49 %	(1.05 %)	(1.84 %)
Q1 2021	16.91 %	3.15 %	(3.15 %)
Q2 2021	9.49 %	(2.00 %)	(8.87 %)
Q3 2021	10.81 %	0.84 %	(6.27 %)
Q4 2021	15.34 %	3.45 %	1.86 %
Q1 2022	13.72 %	4.19 %	0.58 %
Q2 2022	15.38 %	3.88 %	1.25 %

Per Share Data (Riyal)

Compared With The

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
Q1 2013	11.50	2.12	2.12	14.57
Q2 2013	11.50	2.07	2.07	14.14
Q3 2013	11.50	2.11	2.11	14.64
Q4 2013	11.50	2.22	2.22	15.14
Q1 2014	11.50	2.22	2.22	15.74
Q2 2014	11.50	2.21	2.21	15.17
Q3 2014	11.50	2.17	2.17	15.63
Q4 2014	11.50	2.11	2.11	16.11
Q1 2015	11.50	1.73	1.73	16.32
Q2 2015	11.50	1.64	1.64	15.68
Q3 2015	11.50	1.58	1.58	16.09
Q4 2015	11.50	1.14	1.27	16.13
Q1 2016	11.50	1.32	1.45	16.54
Q2 2016	11.50	1.18	1.31	16.86
Q3 2016	11.50	0.78	0.91	16.87
Q4 2016	11.50	0.97	0.97	15.97
Q1 2017	11.50	0.85	0.85	16.25
Q2 2017	11.50	0.56	0.56	15.80
Q3 2017	11.50	0.59	0.59	15.87
Q4 2017	11.50	0.45	0.45	15.96
Q1 2018	11.50	0.27	0.27	16.06
Q2 2018	11.50	0.29	0.29	16.13
Q3 2018	11.50	0.31	0.31	16.20
Q4 2018	11.50	(0.51)	(0.51)	15.39
Q1 2019	11.50	(0.80)	(0.80)	15.54
Q2 2019	11.50	(1.28)	(1.28)	14.97
Q3 2019	11.50	(1.58)	(1.58)	14.57
Q4 2019	11.50	(1.80)	(2.09)	13.70
Q1 2020	11.50	(1.24)	(1.53)	12.46
Q2 2020	11.50	(1.12)	(1.41)	12.17
Q3 2020	11.50	(1.14)	(1.43)	11.92
Q4 2020	11.50	(0.26)	(0.26)	11.19
Q1 2021	11.50	(0.76)	(0.76)	11.06
Q2 2021	11.50	(0.92)	(0.92)	10.61
Q3 2021	11.50	(0.96)	(0.96)	10.31
Q4 2021	11.50	(0.79)	(0.79)	10.44
Q1 2022	11.50	(0.62)	(0.62)	10.47
Q2 2022	11.50	(0.09)	(0.09)	10.55

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
2012	11.50	2.15	2.15	14.06
2013	11.50	2.22	2.22	15.14
2014	11.50	2.11	2.11	16.11
2015	11.50	1.14	1.27	16.13
2016	11.50	0.97	0.97	15.97
2017	11.50	0.45	0.45	15.96
2018	11.50	(0.51)	(0.51)	15.39
2019	11.50	(1.76)	(2.05)	13.70
2020	11.50	(0.26)	(0.26)	11.19
2021	11.50	(0.79)	(0.79)	10.44

Multiple Ratios (End of Period Price)

Compared With The

Period	P/E	Adjusted P/E	Price/book
Q1 2013	22.59	22.59	3.29
Q2 2013	22.36	22.36	3.27
Q3 2013	23.49	23.49	3.38
Q4 2013	23.70	23.70	3.47
Q1 2014	25.15	25.15	3.54
Q2 2014	28.41	28.41	4.14
Q3 2014	31.55	31.55	4.38
Q4 2014	21.83	21.83	2.86
Q1 2015	28.72	28.72	3.04
Q2 2015	29.32	29.32	3.06
Q3 2015	23.12	23.12	2.28
Q4 2015	33.08	29.69	2.35
Q1 2016	25.14	22.88	2.01
Q2 2016	38.07	34.28	2.66
Q3 2016	37.83	32.42	1.75
Q4 2016	36.66	36.66	2.23
Q1 2017	41.70	41.70	2.19
Q2 2017	59.63	59.63	2.10
Q3 2017	58.91	58.91	2.19
Q4 2017	72.52	72.52	2.04
Q1 2018	More than 100	More than 100	2.11
Q2 2018	More than 100	More than 100	2.12
Q3 2018	More than 100	More than 100	2.26
Q4 2018	NEG	NEG	2.26
Q1 2019	NEG	NEG	2.15
Q2 2019	NEG	NEG	2.04
Q3 2019	NEG	NEG	2.04
Q4 2019	NEG	NEG	2.11
Q1 2020	NEG	NEG	2.75
Q2 2020	NEG	NEG	3.57
Q3 2020	NEG	NEG	4.45
Q4 2020	NEG	NEG	5.35
Q1 2021	NEG	NEG	5.89
Q2 2021	NEG	NEG	6.70
Q3 2021	NEG	NEG	6.40
Q4 2021	NEG	NEG	5.05
Q1 2022	NEG	NEG	5.17
Q2 2022	NEG	NEG	3.96

Period	P/E	Adjusted P/E	Price/book
2012	21.52	21.52	3.29
2013	23.70	23.70	3.47
2014	21.83	21.83	2.86
2015	33.08	29.69	2.35
2016	36.66	36.66	2.23
2017	72.49	72.49	2.04
2018	NEG	NEG	2.26
2019	NEG	NEG	2.11
2020	NEG	NEG	5.35
2021	NEG	NEG	5.05

Business Segments (Million)

Compared With The

Period	Products of packing and packaging	Technical textiles
Q1 2020	41.83	6.49
Q2 2020	36.38	8.83
Q3 2020	32.07	9.40
Q4 2020	35.87	10.64
Q1 2021	35.63	12.91
Q2 2021	47.08	11.73
Q3 2021	41.88	13.04
Q4 2021	48.34	11.98
Q1 2022	49.43	11.12
Q2 2022	51.70	19.57

Period	Products of packing and packaging	Technical textiles
2019	151.22	12.92
2020	146.15	35.36
2021	172.93	49.66

Financial Ratios

	Current
Market Cap (M Riyal)	533.60
Enterprise Value (EV) (M)	585.07
Shares Outstanding ((M))	11.50
EPS ( Riyal) (TTM)	0.91
Book Value (BV) ( Riyal)	12.80
Par Value ( Riyal)	10.00
Adjusted P/E (Last12)	More than 100
P/E (TTM)	More than 100
Price/book	3.63
Return on Average Assets (%) (TTM)	3.7
Return on Average Equity (%) (TTM)	7.4

Filing and Packing Materials Manufacturing Co. (FIPCO)

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FIPCO turns to SAR 1.3 mln profit in H1 2022; Q2 at SAR 900,000

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Financials (M)

Current Quarter Comparison (M)

Financial results (Million)

Financial results (Million)

Profit Performance (Million)

Profit Performance (Million)

Profitability

Profitability

Per Share Data (Riyal)

Per Share Data (Riyal)

Multiple Ratios (End of Period Price)

Ratios And Multiples

Business Segments (Million)

Revenue by Business Segment (Latest) 2022 Q2

Financial Ratios

Share Price

Filing and Packing Materials Manufacturing Co. (FIPCO)

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FIPCO turns to SAR 1.3 mln profit in H1 2022; Q2 at SAR 900,000

View other reports

Financials (M)

Current Quarter Comparison (M)

Financial results (Million)

Financial results (Million)

Profit Performance (Million)

Profit Performance (Million)

Profitability

Profitability

Per Share Data (Riyal)

Per Share Data (Riyal)

Multiple Ratios (End of Period Price)

Ratios And Multiples

Business Segments (Million) Q2 2022

Revenue by Business Segment (Latest) 2022 Q2

Financial Ratios

Share Price

Filing and Packing Materials Manufacturing Co. (FIPCO)

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Business Segments (Million)