Riyadh-Mubasher: Saudi Paper Manufacturing Co. (SPMC) has appointed an international consultancy firm to advise it on a restructuring plan, the company said in a bourse statement on Sunday.

SPMC’s strategy will focus on bolstering efficiency, revenues and sales, in addition to lowering general and administrative expenses.

In addition, the company aims to swing to profitability in 2016 and maintain it over the next years.