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Middle East Paper Co.

1202
MEPCO
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  • Main Market
  • Materials     

Stats Overview

  • Prev. Close 36.50
  • Open 36.60
  • High 36.90
  • Low 36.45
  • No. of Trades 2,432
  • Avg. Trade size* 91
  • Volume Traded 221,596
  • Value Traded (SAR) 8,118,114.95

Performance

MEPCO
0.15 ( 0.41% )
Compare
Name Price Change %
Middle East Paper Co. 36.60 0.41%
Note: Prices are delayed minimum 5 minutes
  • *Average Trade Size = Cumulative / # of Trades
  • **52 Week Price Change =   (Current Price - Price year ago) / Price year ago x 100
  • Historical prices & volume traded data are adjusted to account for all corporate actions.
  • MO: Market Order

Trade Updates

Last Trade

Price
36.65
% Change
0.41
Volume Traded
9

Best Bid

Price 36.60
Volume 184

Best Offer

Price 36.65
Volume 431

52 WEEK

High
48.95
2024/03/19
Low
29.10
2023/12/10
Change**
19.38

PERFORMANCE

Start of Year
34.3
Year ago
30.7
3 Years ago
33.26

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Announcements

  • Correction announcement from Middle East Paper Co. in regards the Interim Financial results for the Period Ending on 2024-09-30 ( Nine Months )

    1202
    MEPCO 0.41 %
    1446/05/09     11/11/2024 16:20:13
  • Middle East Paper Co. Announces its subsidiary (Juthor) has signed a contract with Andritz AG company

    1202
    MEPCO 0.41 %
    1446/05/09     11/11/2024 08:06:17
  • Middle East Paper Co. announces its Interim Financial results for the Period Ending on 2024-09-30 ( Nine Months )

    1202
    MEPCO 0.41 %
    1446/05/09     11/11/2024 08:00:11
  • Middle East Paper Co. Announces Tissue Paper Production Line 6 project (TM6).

    1202
    MEPCO 0.41 %
    1446/02/14     18/08/2024 08:15:32
  • Middle East Paper Co. announces its Interim Financial results for the Period Ending on 2024-06-30 ( Six Months )

    1202
    MEPCO 0.41 %
    1446/02/07     11/08/2024 08:29:55
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Corporate Actions

Upcoming Events

    Past Events

      Jump To :
      • Announcements & Corporate Actions
      • Dividends
      • Financials
      • Shareholding
      • Peer Comparison
      • Company Profile

      Dividends

      Announced Date Eligibility Date Distribution Date Distribution Way Dividend Amount
      23/05/2023 22/06/2023 11/07/2023 Account Transfer 0.50
      09/10/2022 13/10/2022 25/10/2022 Account Transfer 0.50
      17/03/2022 13/06/2022 23/06/2022 Account Transfer 1.00
      10/03/2019 11/03/2019 25/03/2019 Account Transfer 0.50
      30/10/2018 01/11/2018 14/11/2018 Account Transfer 0.50

      CompanyProfilev2Financials

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      Financials

      • FINANCIAL INFORMATION
      • FINANCIAL STATEMENTS AND REPORTS
      • Annually
      • Quarterly
      Balance Sheet 2023-12-31
      Total Assets
      1,930,934
      - - -
      Total Liabilities
      862,731
      - - -
      Total Shareholders Equity (After Deducting the Minority Equity)
      1,074,291
      - - -
      Total Liabilities and Shareholders Equity
      1,930,934
      - - -
      Statement of Income 2023-12-31
      Total Revenue (Sales/Operating)
      866,753
      - - -
      Net Profit (Loss) before Zakat and Tax
      -77,759
      - - -
      Zakat and Income Tax
      -9,879
      - - -
      Net Profit (Loss) after Zakat and Tax
      -87,637
      - - -
      Total Comprehensive Income
      -83,389
      - - -
      Profit (Loss) per Share
      -1.2
      - - -
      Cash Flows 2023-12-31
      Net Cash From Operating Activities
      199,127
      - - -
      Net Cash From Investing Activities
      -270,058
      - - -
      Net Cash From Financing Activities
      -17,766
      - - -
      Cash and Cash Equivalents, Beginning of the Period
      145,246
      - - -
      Cash and Cash Equivalents, End of the Period
      56,549
      - - -
      All Figures in Thousands
      All Currency In SAR
      Last Update Date 2024-04-03

      The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate. The above information does not replace detailed financial statements, as detailed financial statements are the reliable source that must be consulted to obtain accurate financial information.

      Balance Sheet 2024-09-30 2024-06-30 2024-03-31 2023-09-30
      Total Assets
      2,613,112
      2,601,505
      2,596,428
      1,941,022
      Total Liabilities
      967,818
      939,022
      936,828
      391,258
      Total Shareholders Equity (After Deducting the Minority Equity)
      1,652,320
      1,669,498
      1,666,040
      1,103,983
      Total Liabilities and Shareholders Equity
      2,613,112
      2,601,505
      2,596,428
      1,941,022
      Statement of Income 2024-09-30 2024-06-30 2024-03-31 2023-09-30
      Total Revenue (Sales/Operating)
      276,895
      255,076
      243,453
      229,181
      Net Profit (Loss) before Zakat and Tax
      -18,219
      9,395
      -12,578
      -19,645
      Zakat and Income Tax
      -309
      -5,930
      -6,136
      -646
      Net Profit (Loss) after Zakat and Tax
      -18,528
      3,464
      -18,714
      -20,292
      Total Comprehensive Income
      1,339
      3,493
      -18,714
      -20,292
      Profit (Loss) per Share
      -0.21
      0.05
      -0.21
      -0.27
      Cash Flows 2024-09-30 2024-06-30 2024-03-31 2023-09-30
      Net Cash From Operating Activities
      -75,196
      2,930
      9,701
      191,886
      Net Cash From Investing Activities
      -63,286
      -99,697
      -21,763
      -224,599
      Net Cash From Financing Activities
      714,719
      657,918
      654,009
      -2,794
      Cash and Cash Equivalents, Beginning of the Period
      56,549
      56,549
      56,549
      145,246
      Cash and Cash Equivalents, End of the Period
      632,786
      617,700
      698,496
      109,739
      All Figures in Thousands Thousands Thousands Thousands
      All Currency In SAR SAR SAR SAR
      Last Update Date 2024-11-17 2024-08-18 2024-05-26 2023-11-16

      The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate. The above information does not replace detailed financial statements, as detailed financial statements are the reliable source that must be consulted to obtain accurate financial information.

      Display Previous Periods
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      Shareholding Information

      • Board Of Directors
      • Foreign Ownership
      • Substantial Shareholders
      Time Period
      -
      Search
      Trading Date Shareholders Designation Shares Held Trading Day Shares Held Prev Trading Day Change
      2024-12-05 وليد ابراهيم محمد شكري Board of Directors 0.0015381% 0.0015381% 0
      2024-12-05 مصعب سليمان عبدالقادر المهيدب Chairman 0.0015381% 0.0015381% 0
      • The listed company (Publisher) shall be responsible for the accuracy of the published information pertaining to the ownership of the Board of Directors, Chief Executive Officer or highest executive position, and the Chief Financial Officer. The listed company shall also be responsible for updating these information thereof. Therefore, the Saudi Stock Exchange (Tadawul) shall not be liable for the information contained therein, nor for any consequences that may result from the said information.
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      Middle East Paper Co.
      Price 36.65
      Market Cap (SAR MN) 3,176
      P/E Ratio -
      Index Name Index Level 1D Return
      Middle East Paper Co. %
      Jump To:
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      Company Profile

      Company overview

      The Companys main activities are the manufacture of container packing paper and industrial paper as follows: Packing paper such as (fluting paper, testliner corrugated carton paper Semi Chemical Fluting (SCF), industrial paper such as (Core board Plasterboard paper, Absorbent Kraft)The Companys core values are to provide high-quality products for its clients, and to contribute environmental preservation, The Companys always Develop their products to meet the market needs.

      Company History

      Middle East Paper Company was incorporated as a limited liability in the year 1421H (2000G) with a share capital of (15 Million SAR). In the year 1432H (2011G) the Company share capital increased gradually until it reached (360 Million SAR), in the year 1433H (2012G) the Company was converted into a Closed Joint Stock Company under the Minister of Commerce and Industry Resolution No. 44/S, In addition in year 1435H (2014G) the Company''s share capital increased to (400 Million SAR), then the Company share capital increased to (500 Million SAR) consisting of (50 Million) ordinary shares with a nominal value of (SAR 10) each, and then Company capital has been increased in 1444H (2022G) to become 666,666,660 million riyals divided into 66,666,666 ordinary shares with a nominal value of (10) ten Saudi riyals per share, and in the year 1445H (2023G) the Company capital increased to become SAR 866,666,650 divided into 866,666,65 ordinary shares at a nominal value of (SAR 10) per share which is the Company current capital.

      Company Bylaws

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      Equity Profile

      • Authorized Capital (SAR) 866,666,650
      • Issued Shares 86,666,665
      • Paid Capital (SAR) 866,666,650
      • Par Value/Share 10
      • Paid Up Value/Share 10

      Last Update :2024-01-04

      Investment limits

      There are no investment limits on the company's shares as per the amended Rules for Qualified Foreign Financial Institutions Investment in Listed Securities and Instructions for the Foreign Strategic Investors Ownership in Listed Companies based on company's bylaw and the issued instructions by the related regulators and supervisory authorities.

       

      • Company Details
      • BOARD OF DIRECTORS AND SENIOR EXECUTIVES INFORMATION
      • Date Established

        2000/08/06

      • Financial Year End

        31/12

      • Listing Date

        2015/05/03

      • External Auditors

        [Ernst & Young]

      • ISIN CODE

        SA13Q050IP16

      • Number of Employees

        1295

      • Chairman

        Mussab Sulaiman Al-Muhaidib
        Non - Executive

        Mussab Sulaiman Al-Muhaidib
        • BD Session Start
          2022-11-14
          Designation
          Chairman
        • BD Session End
          2025-11-13
          Classification
          Non - Executive
        • Qualification
          Bachelor of Accounting Master of Business Administration
        Companies Membership
        • Memebrship Name
          Al Hassan Ghazi Ibrahim Shaker
          Start Date
          -
        • Memebrship Character
          Member
          End Date
          -
        • Memebrship Name
          National Manufacturing Company
          Start Date
          -
        • Memebrship Character
          Member
          End Date
          -
        • Memebrship Name
          Hoshan Co.
          Start Date
          -
        • Memebrship Character
          Member
          End Date
          -
        • Memebrship Name
          Goldman Sachs Saudi Arabia
          Start Date
          -
        • Memebrship Character
          Member
          End Date
          -
        • Memebrship Name
          Masdar Building Materials
          Start Date
          -
        • Memebrship Character
          Member
          End Date
          -
        • Memebrship Name
          Sedra Investment Company
          Start Date
          -
        • Memebrship Character
          Member
          End Date
          -
        • Memebrship Name
          Start creativity entertainment company
          Start Date
          -
        • Memebrship Character
          Member
          End Date
          -
        • Memebrship Name
          Saudi Endeavor Company
          Start Date
          -
        • Memebrship Character
          Member
          End Date
          -
        • Memebrship Name
          Saudi Company for Crafts and Handicrafts
          Start Date
          -
        • Memebrship Character
          Member
          End Date
          -
        • Memebrship Name
          Gulf Family Business Council
          Start Date
          -
        • Memebrship Character
          Member
          End Date
          -
        • Memebrship Name
          JLL Saudi Arabia
          Start Date
          -
        • Memebrship Character
          Member
          End Date
          -
        • Memebrship Name
          Abdulkadir Al Muhaidib & Sons Co
          Start Date
          -
        • Memebrship Character
          Member
          End Date
          -
      • Board of Directors

        Farid Habib Non - Executive

        Farid Habib
        • BD Session Start
          2023-12-28
          Designation
          Board of Directors
        • BD Session End
          2025-11-13
          Classification
          Non - Executive
        • Qualification
          Bachelor of Finance
        Companies Membership
        • Memebrship Name
          Manara Mineral investment Company (Manara)
          Start Date
          -
        • Memebrship Character
          Non executive - member of the Executive Committee
          End Date
          -

        Walid Ibrahim Shukri Independent

        Walid Ibrahim Shukri
        • BD Session Start
          2023-12-28
          Designation
          Board of Directors
        • BD Session End
          2025-11-13
          Classification
          Independent
        • Qualification
          BSc. In Industrial Management- Accounting Certified Accountant- American Institute of Certified Public Accountants (AICPA) Certified Accountant- Saudi Organization for Certified Public Accountants (SOCPA)
        Companies Membership
        • Memebrship Name
          General Authority for Military Industries
          Start Date
          -
        • Memebrship Character
          Member of Audit, Risk and Compliance Committee
          End Date
          -
        • Memebrship Name
          Saudi Agricultural and livestock Investment Company (SALIC)
          Start Date
          -
        • Memebrship Character
          Board Vice-chairman and Chairman of Audit, Risk & Compliance Committee
          End Date
          -
        • Memebrship Name
          Diriyah Gate
          Start Date
          -
        • Memebrship Character
          Member of Audit & Risk Committee
          End Date
          -
        • Memebrship Name
          STC
          Start Date
          -
        • Memebrship Character
          Board Member/Chairman of Audit Committee/member of Risk Committee
          End Date
          -
        • Memebrship Name
          Tatweer Education Holding Company
          Start Date
          -
        • Memebrship Character
          Member of Risk Committee /Audit Committee
          End Date
          -
        • Memebrship Name
          SEC
          Start Date
          -
        • Memebrship Character
          Audit Committee/Risk & Compliance Committee
          End Date
          -

        Rob Jan Renders Executive

        Rob Jan Renders
        • BD Session Start
          2022-11-14
          Designation
          Board of Directors
        • BD Session End
          2025-11-13
          Classification
          Executive
        • Qualification
          Master of Science
        Companies Membership
        • Memebrship Name
          SAPPI PLC
          Start Date
          -
        • Memebrship Character
          Member
          End Date
          -
        • Memebrship Name
          Walki Oy
          Start Date
          -
        • Memebrship Character
          Member
          End Date
          -

        Victor Sanz Martinez Independent

        Victor Sanz Martinez
        • BD Session Start
          2022-11-14
          Designation
          Board of Directors
        • BD Session End
          2025-11-13
          Classification
          Independent
        • Qualification
          Bachelor of Business Administration Medicine and Surgery Master in business administration
        Companies Membership
        • Memebrship Name
          GOTOR
          Start Date
          -
        • Memebrship Character
          Member
          End Date
          -
        • Memebrship Name
          CLEON
          Start Date
          -
        • Memebrship Character
          Member
          End Date
          -

        Waleed Abdulrahman Al Monie Independent

        Waleed Abdulrahman Al Monie
        • BD Session Start
          2022-11-14
          Designation
          Board of Directors
        • BD Session End
          2025-11-13
          Classification
          Independent
        • Qualification
          Bachelor's degree in Computer Information Systems Master of Information Technology Management
        Companies Membership
        • Memebrship Name
          None
          Start Date
          -
        • Memebrship Character
          None
          End Date
          -

        Hawazen Nazih Nassief Independent

        Hawazen Nazih Nassief
        • BD Session Start
          2022-11-14
          Designation
          Board of Directors
        • BD Session End
          2025-11-13
          Classification
          Independent
        • Qualification
          Bachelor of Art- International Relations Master of Art- Law and Diplomacy
        Companies Membership
        • Memebrship Name
          J L L
          Start Date
          -
        • Memebrship Character
          Member
          End Date
          -
        • Memebrship Name
          Tanmiah Food Company
          Start Date
          -
        • Memebrship Character
          Member
          End Date
          -

        Rakan Mohammed Abunayyan Independent

        Rakan Mohammed Abunayyan
        • BD Session Start
          2022-11-14
          Designation
          Board of Directors
        • BD Session End
          2025-11-13
          Classification
          Independent
        • Qualification
          Bachelor of Business Administration
        Companies Membership
        • Memebrship Name
          Advanced Piping solution
          Start Date
          -
        • Memebrship Character
          Member
          End Date
          -
        • Memebrship Name
          Afaq food Co
          Start Date
          -
        • Memebrship Character
          Member
          End Date
          -
      • Senior Executives

        Amrou Amin Masry CFO

        Amrou Amin Masry
        • BD Session Start
          2023-07-01
          Designation
          Senior Executives
        • BD Session End
          -
          Classification
          CFO

        Rob Jan Renders (Acting) CEO

      Rob Jan Renders (Acting)
      • BD Session Start
        2024-06-13
        Designation
        Senior Executives
      • BD Session End
        -
        Classification
        CEO

      Investor Relations

      Contact Name:

      Investors Relations

      Company Address:

      Jeddah - Al Andalus District - 3109 Prince Muhammad Bin Abdulaziz Street - Nujood Center 1st floor entrance (A) Unit No (45) Postal
      Code: 23326 Additional number: 9249

      Contact Details:

      Telephone: 01225669600
      Fax : -
      Email : investors@mepco.biz

      Company Website:

      www.mepco.biz


      Name Of Subsidiary Percentage Of Property Main Business Location Of Operation Country Of Operation
      Waste Collection & Recycling Co 100.00% wholesale and retail sale of paper waste, containerboard, plastic, household appliances, and advertising and advertising materials and is a leader in the field of paper waste collection in the KSA Jeddah KSA
      Juthor Paper Manufacturing Company 100.00% Manufacture of sanitary paper, napkins, cleaning napkins and towels, Manufacture tissue paper Jumbo rolls, wrapping and wrapping paper raw industry, corrugated paper and paper industry (cardboard), Paper pulp, paper and paperboard manufacturing, table tissue industry King Abdullah Economic City - Rabigh KSA
      Al Tadweer Al Akhdar Industrial Company 100.00% Manufacture of paper pulp from wood, Manufacture of paper pulp from fiber, manufacture of paper pulp from waste with ink removal. Pulp paper and paperboard industry, Manufacture of raw wrapping and packaging paper, paper industry and corrugated cardboard, and manufacture of molds, strips, and filter chips from paper pulp. Jeddah KSA
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      The Capital Market Authority and Saudi Exchange take no responsibility for the contents of these disclosures, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of these disclosures, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.