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Saudi Lime Industries Company announces receiving a notification regarding the adjustment of fuel prices from Aramco

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LIME INDUSTRIES
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1445/06/22     04/01/2024 15:47:34

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Announcement Detail Saudi Lime Industries Company announces to its esteemed shareholders that it has received a notification from Aramco Company on January 2, 2024, regarding the adjustment of fuel prices used in production operations, effective from January 1, 2024.

The company is currently studying the financial impact of prices changes on the company’s production cost, expected to reflect in the first quarter results of the fiscal year 2024. Additionally, the company is studying and researching methods to mitigate this impact to help achieve its objectives.

The company will announce to its esteemed shareholders of any developments or updates regarding this matter in due course.

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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