IssuerAnnouncementDetailsV2Portlet
ActionsQassim Cement Company announces that it has received a notice from Saudi Aramco indicating adjustments to the prices of fuel products.
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Announcement Detail | Qassim Cement Company announces that it received a notification on 03-01-2024 from Saudi Aramco regarding the adjustment of fuel prices used in the company’s activities, starting from 01-01-2024 This adjustment will have a financial impact on the cost of production starting from the first quarter of 2024. We are currently in the process of calculating the anticipated financial impact, and the results will be announced upon completion of the assessment. The company reaffirms its full dedication to minimize the anticipated financial impact and safeguarding its esteemed shareholder interests through enhancing its business efficiency, responsible and sustainable development, and the implementation of the most effective measures. |
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.