Articles > Middle East Paper Co. Reveals Interim Financial Results for the Period Ending on 2026-03-31
Middle East Paper Co. Reveals Interim Financial Results for the Period Ending on 2026-03-31
By KlickAnalytics Data Insights | May 7, 2026 03:09AM ET
- Sales/Revenue for the current quarter at 244,292, a decrease of 5.711% from the similar quarter of the previous year.
- Net Profit (Loss) Attributable to Shareholders of the Issuer reported at -1,994, showing a decrease compared to the previous year.
- Total Shareholders Equity stands at 1,626,175 after deducting Minority Equity.
The Middle East Paper Co. (MEPCO) has released its interim financial results for the period ending on 2026-03-31. The report shows a decrease in sales revenue for the current quarter compared to the same quarter of the previous year, primarily due to lower average selling prices despite a relative improvement in sales volume. This decline has also impacted the net profit, resulting in a shift from profit to loss.
The company reported a Net Profit (Loss) Attributable to Shareholders of the Issuer at -1,994, showcasing a significant decrease from the same period in the previous year. This decline is attributed to lower revenue, gross profit, and higher impairment losses on financial assets. However, certain operating expenses, finance costs, and zakat expense saw a decrease, partially offsetting the overall loss.
MEPCO's Total Shareholders Equity, after deducting Minority Equity, stands at 1,626,175, reflecting a slight increase compared to the similar period in the previous year. The external auditor's report issued an unmodified conclusion, drawing attention to certain financial matters disclosed in the company's interim financial statements.
While the company faced challenges in revenue and profitability during the current quarter, MEPCO remains focused on addressing these issues and driving sustainable growth in the future. Investors are encouraged to review the complete disclosure for more detailed information on the company's financial performance and outlook.
- Net Profit (Loss) Attributable to Shareholders of the Issuer reported at -1,994, showing a decrease compared to the previous year.
- Total Shareholders Equity stands at 1,626,175 after deducting Minority Equity.
The Middle East Paper Co. (MEPCO) has released its interim financial results for the period ending on 2026-03-31. The report shows a decrease in sales revenue for the current quarter compared to the same quarter of the previous year, primarily due to lower average selling prices despite a relative improvement in sales volume. This decline has also impacted the net profit, resulting in a shift from profit to loss.
The company reported a Net Profit (Loss) Attributable to Shareholders of the Issuer at -1,994, showcasing a significant decrease from the same period in the previous year. This decline is attributed to lower revenue, gross profit, and higher impairment losses on financial assets. However, certain operating expenses, finance costs, and zakat expense saw a decrease, partially offsetting the overall loss.
MEPCO's Total Shareholders Equity, after deducting Minority Equity, stands at 1,626,175, reflecting a slight increase compared to the similar period in the previous year. The external auditor's report issued an unmodified conclusion, drawing attention to certain financial matters disclosed in the company's interim financial statements.
While the company faced challenges in revenue and profitability during the current quarter, MEPCO remains focused on addressing these issues and driving sustainable growth in the future. Investors are encouraged to review the complete disclosure for more detailed information on the company's financial performance and outlook.
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