Saudi Printing And Packaging Co.

What Saudi Printing And Packaging Co. does

Saudi Printing and Packaging Company (SPPC, Tadawul: 4270) is a publicly listed Saudi shareholding company headquartered in Riyadh, tracing its origins to Al-Madina Printing & Publishing Co. (established 1937 in Medina, relocated to Jeddah in 1963) and restructured under its current name in 2006-2007. SRMG and its subsidiaries retain 70% ownership with 30% in public float.

SPPC operates through two integrated sectors. The Printing Sector — delivered via Al-Madina Printing & Publishing (newspapers, magazines, hardcover books, commercial publications) and Hala Printing (commercial, digital printing and packaging, founded 1984) — serves SRMG-affiliated publishers including Alsharq Al-Awsat, Arab News, Al-Eqtisadiah, Al-Riyadiah and Al-Watan, alongside Saudi ministries (Education, Islamic Affairs, Interior). The Packaging Sector operates through the ENPI Group of 10 plastic-conversion and integrated packaging subsidiaries (Flex Pack, Future Pack, Future Film, Future Plast, Future Plus, UICP, CUPCO, City Pack, Taiba) plus United Security (IATA-member secure printing for aviation, banking, retail and gaming), with manufacturing and sales presence across Riyadh, Jeddah, Dammam and Medina in KSA, and Dubai, Sharjah and Abu Dhabi in the UAE.

Revenue is generated through quote-based B2B contracts and per-order pricing across printing services, packaging and plastic product sales (self-adhesive labels, aluminum lids, paper/plastic cups, cling film, aluminum foil, shrink sleeves, specialty films including the proprietary 'Glacier' shrink-film range), and security-printed items (boarding passes, MICR cheques, ATM/POS rolls, pin mailers). H1 2025 revenue was SAR 325.09 million (-10% YoY), with FY 2025 reporting a net loss of SAR 267.34 million. The company is currently undergoing an active restructuring program including a SAR 75 million related-party financing facility from SRMG (August 2025), a debt-to-equity conversion approved by the CMA (December 2025), and a new corporate strategy adopted in May 2025.

Name

Saudi Printing And Packaging Co.

Legal name

Saudi Printing & Packaging Company

Website

https://sppc.com.sa

Company type

Public

Founded year

1937

Operating status

Operating

Headcount range

501–1,000 employees

Ownership category

akta.pro rank

Product category

Commercial Printing and Packaging Services

NAICS

Printing and Related Support Activities (323), Commercial Printing (except Screen and Books) (323111)

SIC

Commercial Printing (2750)

akta.pro primary industry

Corporate, Promotional & Custom Print Products Distribution (CRAOALAM)

Keywords

• Commercial printing services
• Flexible packaging products
• Security printing solutions
• Plastic conversion manufacturing
• Newspaper publishing printing

Headquarters

HQ city

Riyadh

HQ country

Saudi Arabia

HQ region

Middle East

Offices7 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Infrastructure, Technology or R&D, Others

Revenue model

1. Commercial and publishing printing contracts: Long-term and project-based contracts for newspapers, magazines, hardcover books, commercial publications, and government printing (e.g., Ministry of Education, Islamic Affairs, Interior). Revenue is recognized per order/contract; SRMG and its publishing subsidiaries are major repeat customers.
2. Packaging and plastic product sales: Direct sale of manufactured plastic and packaging products — flexible packaging, self-adhesive labels, aluminum lids, cups, bottles, closures, cling film, food wraps — produced in-house by ENPI group subsidiaries.
3. Security printing (United Security): Sale of secure documents and tickets (boarding passes, ATM/POS rolls, MICR cheques, pin mailers, entertainment/metro tickets) to aviation, banking, retail, gaming, and government clients.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Saudi Printing and Packaging Company (SPPC) is a Saudi shareholding company that operates two integrated business sectors: a Printing Sector producing newspapers, magazines, hardcover books, and commercial publications through Al-Madina Printing and Hala Printing, and a Packaging Sector delivered through the ENPI Group of plastic-conversion and integrated packaging subsidiaries (Flex Pack, Future Pack, CUPCO, Future Film, Future Plast, UICP, and others). The company also provides security printing through United Security, producing boarding passes, ATM/POS rolls, MICR cheques, and other regulated secure documents.

Product overview

SPPC is a Saudi shareholding holding company operating two integrated business sectors: a Printing Sector (delivered through Al-Madina Printing & Publication Co. for newspapers/books/magazines and Hala Printing Co. for commercial printing, packaging and digital printing) and a Packaging Sector delivered through the ENPI Group of plastic-conversion and integrated packaging companies (Taiba, City Pack, Flex Pack, Cupco/CUPCO, Future Pack, Future Plus, UICP, Future Plast and the specialty-films subsidiary Future Film), alongside a security-printing subsidiary United Security Co. Together these subsidiaries provide newspapers, hardcover books, magazines, commercial publications, paper cups, plastic cups, cling film, aluminum foil, self-adhesive labels, aluminum lids, shrink and PP/PS sleeves, in-mold labels, specialty shrink and greenhouse films, plus security-printed items such as boarding passes, MICR cheques and ATM/POS rolls.

Differentiator

Problem solved

Functional benefit

Brands

• Al-Madina: Newspapers, books, magazines and commercial printing and publishing arm of SPPC.
• Hala Printing
• ENPI Group (Emirates National Factory for Plastic Industries)
• United Security
• Flex Pack (Flexible Packaging Company)
• Future Pack
• CUPCO
• Future Film
• Taiba Printing & Packaging Co.
• City Pack

Products and services

• Al-Madina Printing & Publication Co. (Newspaper and commercial printing) Newspaper and commercial printing operation printing major Arabic and English newspapers (Alsharq Al-Awsat, Al-Eqtisadiah, Al-Riyadiah, Arab News, Al-Watan), magazines, hardcover books, and serial commercial publications for media groups and government clients.
• Hala Printing Co. (Commercial printing and packaging) One of the largest commercial printing centers in Saudi Arabia offering commercial printing, digital printing, and packaging services; opened Hala Packaging Factory in Riyadh's Third Industrial Area.
• United Security Co. (Security printing) IATA-member security printing provider producing boarding passes, baggage tags, cargo labels, thermal ATM & POS rolls, pin mailers, pay slips, MICR cheques, entertainment tickets, and metro tickets for aviation, banking, retail, gaming, and government clients.
• Flex Pack (Flexible Packaging and self-adhesive labels) Regional leader in self-adhesive labels and flexible packaging manufactured in Jeddah with BRC (high hygiene) and ISO 22000 certifications, serving FMCG and brand-owner customers.
• Future Pack Factory L.L.C. (Aluminum lids and specialty labels) Manufactures and prints aluminum lids, self-adhesive labels, PP/PS sleeves, shrink sleeves and wrap-around labels, in-mold labels, and flexo printed and unprinted wraps for small and large-volume orders, with ISO 22000 and HACCP certifications.
• Cupco / CUPCO (Disposable foodservice packaging) Disposable paper cups (with/without handle), double-wall cups, plastic cups for hot and cold beverages, plastic lids, food wrap cling film, and aluminum foil supplied to international fast-food brands across the region; ISO 9001:2008 and HACCP certified, with CMI food-safety compliance assessment.
• Future Film (Specialty shrink films) Manufactures specialty shrink film under the 'Glacier' brand (food-grade, oxo-biodegradable), greenhouse film, shopping and courier bags, and barrier tapes for industrial applications such as construction sites, designed for food, beverage, perishable, frozen, and industrial uses.
• Taiba Printing & Packaging Co. (Flexible packaging) SPPC subsidiary operating within the Flexible Packaging division.
• City Pack / Medina Packaging Co. (Plastic packaging) SPPC subsidiary within the Flexible Packaging division serving packaging customers in KSA and the UAE.
• Future Plus Co. (Plastic products and packaging) ENPI Group subsidiary manufacturing plastic products and packaging materials within SPPC's Packaging Sector.
• ENPI Group (Emirates National Factory for Plastic Industries) Group of 10 plastic-conversion and integrated packaging companies (Taiba, Flex Pack, City Pack, Future Pack, Future Plus, UICP, United Security, CUPCO, Future Plast, Future Film) operating across Packaging, Printing & Publishing, Commercial Printing, Plastic Packaging, Digital Printing, and Plastic Conversion divisions.

Quantifiable outcome

• SAR 325.09 million H1 2025 revenue (Interim Financial results for the period ending 2025-06-30)
• +2 more outcomes

Named customers14 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Two partnerships are on record, tiered core.

• International Air Transport Association (IATA)coreStrategic or Co-development PartnerUnited Security (SPPC subsidiary) has been an IATA member for years, enabling it to serve the aviation and transport sector with secure printing (boarding passes, baggage tags, cargo labels) under IATA-regulated standards.
• Future Plast (parent of Future Film)coreStrategic or Co-development PartnerFuture Film operates as a subsidiary of Future Plast within ENPI Group; it manufactures the 'Glacier' shrink film range and complementary specialty films, leveraging Future Plast's plastic-conversion capabilities.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Toppan Holdings: Japanese diversified conglomerate with printing, packaging, and electronics divisions operating globally. Comparable to SPPC's integrated multi-subsidiary platform of commercial printing and packaging, with similar B2B customer segments in publishing, FMCG, and security printing.
• Dai Nippon Printing: Japanese printing and packaging conglomerate with operations across commercial printing, packaging, decorative materials, and information communication. Comparable to SPPC's diversified printing and packaging platform, with similar multi-decade heritage and multi-segment approach.
• Amcor plc: Global packaging giant with flexible and rigid packaging operations across healthcare, food, beverage, and personal care markets. Comparable to SPPC's packaging sector, especially ENPI Group, with significantly broader geographic reach and scale.
• Berry Global Group: US packaging conglomerate producing flexibles, containers, films, and engineered materials for consumer and industrial markets. Comparable to SPPC's ENPI Group packaging operations, particularly Future Film and Future Plast in shrink and specialty films.
• Sealed Air Corporation: US protective and food packaging company with operations across food safety, retail, and industrial markets. Comparable to SPPC's food-contact packaging portfolio, though with a different technology emphasis (protective packaging vs. printing and labeling).
• Mondi plc: European paper and packaging group with vertically integrated pulp, paper, and packaging operations. Comparable to SPPC's paper-based packaging activities across Flex Pack, Future Pack, and Taiba, with similar broad-based customer portfolio.

Direct peers

• CCL Industries: Global labels and specialty packaging company with healthcare, consumer, and security printing segments. Directly comparable to SPPC's Flex Pack, Future Pack, and United Security subsidiaries in self-adhesive labels, specialty labels, and secure document printing.
• Constantia Flexibles: Austrian flexible packaging manufacturer serving FMCG and pharmaceutical customers with food-safety certifications (BRC, ISO 22000). Directly comparable to SPPC's Flex Pack and Taiba subsidiaries in flexible packaging with similar certified supply to regional FMCG customers.
• Huhtamaki Oyj: Finnish foodservice and consumer packaging company producing paper cups, plates, and flexible packaging globally. Directly comparable to SPPC's Cupco subsidiary in QSR disposables (paper cups, plastic cups, cling film, aluminum foil) for international fast-food brands.
• Quad/Graphics: US commercial printing company serving retail, publishing, and direct marketing customers with multi-format printing capabilities. Comparable to SPPC's Al-Madina and Hala subsidiaries in commercial and publishing printing, with similar catalog/magazine/newspaper production profile.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights5 records

Customer concentration

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries13 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Saudi Printing And Packaging Co.