MEPCO reports 9.87% drop in third-quarter net profit

Middle East Paper Company (MEPCO) reported a 9.87% year-on-year fall in third-quarter net profit to SAR 12.9 million, despite revenue growing 2.05% to SAR 284.69 million. The company attributed the decline to higher administrative expenses, impairment losses on financial assets and lower financing income; nine-month net profit is still up 5.32% to SAR 26.19 million.

Why this mattersA profit decline despite revenue growth signals margin pressure from costs and impairments at a regional paper producer.

• MEPCO's Q3 2026 net profit fell 9.87% year-on-year to SAR 12.9m from SAR 14.31m
• Net profit declined 15.65% quarter-on-quarter
• Q3 revenue rose 2.05% year-on-year to SAR 284.69m
• Company cites higher general and administrative expenses, impairment losses on financial assets, and lower financing income
• Nine-month net profit for 2026 rose 5.32% to SAR 26.19m on revenue up 1.7% to SAR 826.99m

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