Industry: Non-Paper Containers & Packaging | Saudi
Filing and Packing Materials Manufacturing Co SJSC is Shariah compliant. The company’s financials pass three standards and fail in two.
|Market cap: 139 M||Rev. Growth: 81.6%|
|Debt/36 mo MC||19.17%||✓|
|Cash/36 mo MC||2.19%||✓|
|AR/36 mo MC||9.88%||✓|
|Debt/24 mo MC||16.09%||✓|
|Cash/24 mo MC||1.84%||✓|
|AR/24 mo MC||8.3%||✓|
1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL
Total Analysts: 0
Filling and Packing Materials Manufacturing Co SJSC (FIPCO) is a Saudi Arabia-based public shareholding company engaged in the production of jumbo bags and other woven polypropylene (PP) packaging products for industrial and agricultural uses. The Company’s products include PP jumbo bags, small bags, leno bags, fabric, strapping band and container liners. The Company also produces twisted products, such as cable fillers, agri-twine and baler twine, among others. The Company’s manufacturing facilities are located in the modern Industrial city of Riyadh, with production capacity is more than two million jumbo bags per year. FIPCO sells its products locally and exports to markets such as Gulf Cooperation Council (GCC), North America, Africa and Europe.
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