Logo of Saudi Printing and Packaging Co.
Saudi Printing and Packaging Co.'s board of directors adopted a new strategy to enhance operational efficiency and strengthen market share by optimizing the organizational structure and developing products.
This aims to deliver sustainable value to shareholders, customers, and employees.
In a statement to Tadawul, the company said that the strategy is built around five key pillars, developed based on comprehensive studies covering all aspects of the company’s operations from strategic, operational, and financial perspectives.
It focuses on maximizing investment in core strengths while addressing weaknesses and challenges imposed by market conditions.
Pillar one focuses on maximizing the efficiency and profitability of packaging products, pillar two concentrates on divestment from non-strategic sectors, while pillar three focuses on high-growth markets such as Saudi Arabia and the Gulf.
Pillar four centers on streamlining the organizational structure and boosting operational efficiency, while pillar five calls upon completing the debt-restructuring program and reducing financing burdens.
According to data available on Argaam, the company’s accumulated losses reached SAR 376.69 or 62.78% of capital as of June 30, 2025.
The attachment below shows details of the pillars
Be the first to comment
Comments Analysis: