Saudi Pharmaceutical Industries & Medical Appliances Corporation operates in the Pharmaceutical preparations sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Saudi Pharmaceutical Industries & Medical Appliances with three other
pharmaceutical manufacturers in Middle East:
Dar Al Dawa Development and Investment Company PSC
of Jordan
(2017
sales of 52.32 million Jordanian Dinars [US$73.69 million]
of which 80%
was Pharmaceuticals),
Egypt International Pharmaceuticals
of Egypt
(2.53 billion Egyptian Pounds [US$141.10 million]
of which 100%
was Pharmaceutical), and
Alexandria Pharmaceuticals and Chemical Industries Co
which is
also
based in Egypt
(516.94 million Egyptian Pounds [US$28.86 million]
).
Sales Analysis.
Saudi Pharmaceutical Industries & Medical Appliances reported sales of 1.39 billion Saudi Riyals (US$369.52 million)
for the
year ending
December of 2017.
This
represents
a
sharp
decrease of 24.7%
versus 2016, when the company's sales were 1.84 billion Saudi Riyals.
Contributing to the drop in overall sales was the 77.1% decline
in Investments, from 270.76 million Saudi Riyals to 61.92 million Saudi Riyals.
There were also decreases in sales in
Pharmaceutical and Medical Manufacturing (down 13.4% to 1.60 billion Saudi Riyals)
.