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Saudi Ceramic Co. Announces an update on Saudi Ceramics Company announces that it has received a notice from the Natural Gas Distribution Company regarding an adjustment to service charge rates.
| Element List | Explanation |
|---|---|
| Introduction | Reference is made to the Company’s announcement published on the Saudi Exchange (Tadawul) website on 15/01/2026 regarding the receipt of a notice from the Natural Gas Distribution Company on the adjustment of service fees for natural gas used in the Company’s operational activities, effective 01/01/2026. The Company wishes to clarify the expected financial impact of the increase in service fees and calculation mechanism. |
| Previous Announcement | Saudi Ceramics Company announces that it has received a notice from the Natural Gas Distribution Company regarding an adjustment to service charge rates. |
| Date of Previous Announcement on Saudi Exchange’s Website | 2026-01-15 Corresponding to 1447-07-26 |
| Hyperlink to the Previous Announcement on the Saudi Exchange Website | Click Here |
| Latest Developments Of The Announced Event | The Company has studied the financial impact resulting from the increase in service fees and the pricing mechanism for the natural gas product used in the Company’s operational activities, effective as of 01/01/2026. It has been determined that the direct financial impact on production costs is limited and is estimated at approximately 0.25%. |
| Reasons For The Delay on The Date of The Event Previously Announced | Not Applicable |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | Not Applicable |
| Delay consequences on the Company’s financial results | Not Applicable |
| Additional Information | The Company affirms its commitment to implementing best practices and procedures to enhance the efficiency of its operations and achieve sustainable growth. It continues to execute its plans aimed at reducing costs and improving operational efficiency, in support of achieving its strategic objectives. |
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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