filing & packing materials m
(2180:Saudi Stock Exchange)
filing & packing materials m (2180) Snapshot
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Filling and Packing Materials Manufacturing Company engages in the manufacture and sale of polypropylene packaging products for consumer, industrial, and agricultural applications in Saudi Arabia and internationally. It offers jumbo bags for packing, stacking, handling, storage, and transport of lumpy and fine materials, such as petrochemical by-products, fertilizers, cement, sand, minerals, grains, feeds, seeds, etc.; and container liner bags for shippers, receivers, and operators to carry bulk materials. The company also offers small bags for packing fertilizers, feeds, grains, barley, flour, salt, sugar, seeds, and other lumpy and fine materials; leno bags for packing fresh vegetables, fruits, potatoes, onions, etc.; film/liners; and valve bags. In addition, it provides fabrics for tent manufacturing, construction, and lumber protection industries; cable filler yarns for use in the manufacture of electric cables; strapping bands to strap small and big boxes, bales, bricks, and various other products; agri twines for use in Green houses; and baler twines for tying and baling grass and animal feed, etc. The company exports its products to Europe, Africa, North America, and the Far East. Filling and Packing Materials Manufacturing Company was founded in 1991 and is based in Riyadh, Saudi Arabia.
filing & packing materials m (2180) Key Developments
Filling and Packing Materials Manufacturing Company(SASE:2180) added to S&P Pan Arab Composite
Filling and Packing Materials Manufacturing Company, Board Meeting, Mar 24, 2012. Agenda: To appoint Fahd al-Saif as director general.
Filling and Packing Materials Manufacturing Company reported earnings results for the year 2011. For the year, the company reported a drop in net profit to SAR 15.7 million for 2011, a decrease of 27% year-on-year. The company appointed Fahd al-Saif as director general.

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| FIPCO:AB | SR45.10 SAR | +0.10 | |
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Industry Analysis
2180
Industry Average
| Valuation | 2180 | Industry Range |
| Price/Earnings | 20.7x |
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| Price/Sales | 2.4x |
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| Price/Book | 3.1x |
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| Price/Cash Flow | 20.8x |
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| TEV/Sales | 2.3x |
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