MEPCO posts third-quarter net profit of SAR 12.896 million
Saudi paper maker MEPCO reported third-quarter net profit of SAR 12.896 million on sales of SAR 284.685 million, according to Reuters.
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what happened
Saudi paper manufacturer MEPCO reported third-quarter net profit of SAR 12.896 million, according to Reuters, with sales reaching SAR 284.685 million. The company said better sales mix and higher average selling prices helped the quarter, while sales volumes fell.
On the other side, general and administrative expenses rose, the company recognized impairment losses on financial assets, and other operating and finance income declined. Higher gross profit and the favorable impact of zakat supported the bottom line.
why it matters
For the market this is a small company's quarterly report from the paper sector, so the impact is mostly local. Investors usually look at the balance between prices and volumes: revenue rising while volumes drop points to reliance on pricing conditions, and asset impairments plus higher costs signal pressure on margins.
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sources
- MEPCO Q3 Net Profit SAR 12.896 Million — Reuters, 8 November 2026 at 05:38 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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