Tag: ‎SPIMACO

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‎SPIMACO CFO: Private sector sales lift Q4 profit

Abdulaziz Al Oud, CEO of Saudi Pharmaceutical Industries & Medical Appliances Corp. (SPIMACO) Saudi Pharmaceutical Industries & Medical Appliances Corp. (SPIMACO) posted higher net income on an improved sales mix within the pharmaceuticals segment, with the private sector—the largest contributor to sales —posting growth of around 25%, CFO Abdulaziz Al Oud told Argaam . Contract manufacturing, a higher-margin

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