MEPCO says fuel prices raised

08/01/2025 Argaam
Logo ofMiddle East Paper Co. (MEPCO)

Logo of Middle East Paper Co. (MEPCO) 

Middle East Paper Co. (MEPCO) received an official notice from Saudi Aramco on hiking the prices of fuel as of Jan. 1.
 
 

In a statement to Tadawul, MEPCO said it expects an increase of nearly 2.6% in the annual cost of sales, based on the latest annual audited financial statements of the company. The financial impact is likely to show starting Q1 2025.

 

It maintains effort to enhance operating efficiency in a sustainable manner, invest in developing production technologies, and maximize benefit from the competitive infrastructure in the Kingdom, the statement added.

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