IssuerAnnouncementDetailsV2Portlet
Saudi Cement Company announces that it received a notification from Saudi Aramco amending the prices of fuel products used in operating the company’s plant.
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Announcement Detail | Saudi Cement Company announces that it received a notification from Saudi Aramco amending the prices of fuel products used in operating the company’s plant starting from January 1, 2024. This amendment will have a financial impact on the cost of production starting from the first quarter of 2024. Work is underway to calculate the expected financial impact and will be announced upon completion of its calculation. The company will also work to study ways to reduce the financial impact of this amendment on the company’s financial results. |
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