The Clap
MEPCO (1202) managed to restore full production capacity and operations in record time after being impacted by rain.
What
The financial impact of the suspended production operations caused a decrease of around SAR 18 million in sales, equivalent to approximately 7% of sales in Q4 2022.
So What
On Monday, November 24, the company’s operations were impacted by heavy rain in Jeddah, which led to the suspension of production at the company’s factory, impacting some logistical work.
Now What
MEPCO managed to restore around 40% of the factory’s production capacity within 48 hours.