MEPCO shareholders OK SAR 135.3M reserve transfer to retained earnings

29/06/2025 Argaam
Logo ofMiddle East Paper Co. (MEPCO)

Logo of Middle East Paper Co. (MEPCO)

Shareholders of Middle East Paper Co. (MEPCO) approved on June 26 the board recommendation to transfer the company’s entire statutory reserve, amounting to SAR 135.3 million as per 2024 results, to the retained earnings account.

 

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MEPCO added in a statement on Tadawul that the shareholders also ratified authorizing the board of directors to distribute interim dividends on a semi-annual or quarterly basis for the fiscal year ending Dec. 31, 2025.

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