MEPCO FY Profit 23.4 Million Riyals

About this update from Middle East Paper Co.

MIDDLE EAST COMPANY FOR MANUFACTURING AND PRODUCING PAPER TADAWUL:1202:MEPCO FY NET PROFIT 23.4 MILLION RIYALSMEPCO FY SALES 1.06 BILLION RIYALSMEPCO FY SAW SLIGHT DECLINE IN SALES VOLUMESMEPCO FY SAW IMPROVED SELLING PRICESMEPCO FY SAW 22% DECREASE IN SELLING AND DISTRIBUTION EXPENSESMEPCO FY SAW 3% REDUCTION IN COST OF REVENUEMEPCO FY SAW 26% DECLINE IN GENERAL AND ADMINISTRATIVE EXPENSES

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