14 Hrs
Source:
مباشر
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Mabco profit falls 9.87%
Middle East Paper Manufacturing and Production Co. (“MEPCO”) reported a 9.87% decline in net profit in the third quarter of 2026, to SAR 12.9 million from SAR 14.31 million in the same period a year earlier, despite a 2.05% increase in revenue to SAR 284.69 million. The company attributed the lower profit to higher general and administrative expenses and impairment losses on financial assets, as well as declines in other operating revenue and finance income. Gross profit rose 20.96% to SAR 43.98 million, while net profit fell 15.65% compared with the previous quarter.
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