MEPCO Delivers Strong Financial Performance in 9M 2025 with Quarterly Profit Surge of 174%

Middle East Paper Company (MEPCO) recorded a significant turnaround in its financial performance for the first nine months of 2025, reporting net profits of SAR 24.86 million compared to net losses of SAR 32.82 million in the same period of 2024. Revenues rose by nearly 5% to SAR 813.19 million, driven by a 2% increase in sales volumes and a 3% rise in selling prices. In Q3 2025 alone, MEPCO posted net profits of SAR 14.30 million, reversing losses from Q3 2024 and marking a 174% jump from Q2 2025. Operating income increased substantially, supported by cost reductions in selling, marketing, and administrative expenses, along with improved credit discipline and large energy subsidies. The company’s earnings per share improved to SAR 0.29 from a loss of SAR 0.38 year-on-year, signaling a positive outlook for sustained growth.