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Riyadh Cement Company Announces That It Has Received Notice Of An Amending In The Prices Of Fuel Products Used In The Production
2026-01-01

Riyadh Cement Company Announces That It Has Received Notice Of An Amending In The Prices Of Fuel Products Used In The Production

Announcement Detail: Riyadh Cement Company announces that it has received a notice from Saudi Aramco regarding the adjustment of fuel product prices used in production, effective from 01-01-2026.

The Company would like to clarify to its valued shareholders that the adjustment in fuel product prices will result in an increase in production costs by 6%, and the Company will continue to explore ways to mitigate the financial impact of this adjustment.

It should be noted that the financial impact of this adjustment will be reflected starting from the financial results of the first quarter of 2026.

Source: SE