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معلومات مباشر
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2026-11-08T06:31:47.618Z

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MEPCO profits drop 9.87%

MEPCO profits drop 9.87%

Middle East Paper Company (MEPCO) reported a 9.87% year-on-year decline in net profit for the third quarter of 2026, to SAR 12.9 million from SAR 14.31 million. Net profit also fell 15.65% from the previous quarter. Despite a 2.05% year-on-year increase in revenue to SAR 284.69 million, the company attributed the decline in profit to higher general and administrative expenses, impairment losses on financial assets, and lower financing income and other operating revenue. For the first nine months of 2026, net profit rose 5.32% to SAR 26.19 million, while revenue increased 1.7% to SAR 826.99 million.

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