Saudi Paper Manufacturing Co. (SPM) cut its accumulated losses to SAR 7.2 million, or 7.84% of its capital as of Nov. 4, 2019, the company said in a statement to Tadawul on Tuesday. 

 

On Nov. 5, SPM's shareholders approved reducing capital by 62.45% to SAR 92 million to offset the accumulated losses through cancelling 15.3 million shares, Argaam reported.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Join Us

Argaam.com Copyright © 2026, Argaam Investment, All Rights Reserved
Call Request