Middle East Paper Co. announces that it has received a notification that the price of fuel products used in production has increased | premargin

Middle East Paper Co. announces that it has received a notification that the price of fuel products used in production has increased

TadawulJanuary 1, 2026View on exchange

Element List	Explanation
Announcement Detail	Middle East Paper Co. would like to announce that it received a notification from Saudi Arabian Oil Company (Saudi Aramco) that it would increase fuel product prices used in production starting from 01/01/2026. The expected financial impact will be an increase of approximately 1.8% of the total annual sales cost, according to the company’s latest audited annual financial statements. This impact will appear starting from the first quarter of the financial year 2026. The company continues to enhance its business efficiency and operate in a responsible and sustainable manner by investing in the development of production technologies and products, whilst maximizing the use of the unique competitive infrastructure available in the Kingdom to achieve its strategic objectives.

Element List

Explanation

Announcement Detail

Middle East Paper Co. would like to announce that it received a notification from Saudi Arabian Oil Company (Saudi Aramco) that it would increase fuel product prices used in production starting from 01/01/2026.

The expected financial impact will be an increase of approximately 1.8% of the total annual sales cost, according to the company’s latest audited annual financial statements. This impact will appear starting from the first quarter of the financial year 2026.

The company continues to enhance its business efficiency and operate in a responsible and sustainable manner by investing in the development of production technologies and products, whilst maximizing the use of the unique competitive infrastructure available in the Kingdom to achieve its strategic objectives.