Riyadh - Mubasher: Saudi Pharmaceutical Industries and Medical Appliances Corporation (SPIMACO) obtained a Sharia-compliant facility worth SAR 200 million from the Saudi National Bank (SNB).
The funding, secured on 15 September 2025, will be utilized to finance the company’s working capital, according to a bourse filing.
Backed by a promissory note, the loan holds a tenor of nine months.
In the six-month period that ended on 30 June 2025, SPIMACO recorded 92.88% higher net profits at SAR 111.10 million, compared to SAR 57.60 million a year earlier.
