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Yamama Cement Company announces that it has received an official notification indicating a modification in the prices of fuel products
3020
YSCC
0.87
%
1445/06/22 04/01/2024 09:30:56
| Element List | Explanation |
|---|---|
| Announcement Detail | Yamama Cement Company announces that it has received an official notice from the Saudi Arabian Oil Company (Saudi Aramco), indicating a modification in the prices of fuel products used in cement production, effective January 1, 2024. The company wishes to clarify to its esteemed shareholders that this adjustment will impact production costs, and efforts are currently underway to calculate the expected financial impact. Additionally, the company will work in the coming period to explore ways to minimize the financial impact of this adjustment on its financial results. |
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.
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Last Price 34.7
Net Change 0.3 (+0.87%)
Value Traded (Sar) 4,945,200
Volume Traded 143,042
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