Saudi Printing and Packaging to sell production lines for AED 1.1 million
Saudi Printing and Packaging will sell CUPCO's plastic cup and container production lines for AED 1.1 million. The expected non-cash loss is about AED 4.9 million.
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what happened
According to ru.tradingview.com, Saudi Printing and Packaging said its subsidiary CUPCO is selling production lines for polypropylene cups and plastic containers to Al Aamal Al Dhahabiya General Trading Co. The sale is priced at AED 1.1 million.
The company estimates a non-cash loss of approximately AED 4.9 million from the transaction.
why it matters
The deal is small and concerns a single packaging manufacturer, so it is unlikely to move the broader market. The non-cash nature of the loss means no cash outflow is expected from the sale itself.
tags
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sources
- Saudi Printing And Packaging Sells Production Lines For AED 1.1 Million — ru.tradingview.com, 18 October 2026 at 05:40 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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