Northern Region Cement Co. Announces that it has received a notification that the price of fuel used in production has been modified | premargin

Northern Region Cement Co. Announces that it has received a notification that the price of fuel used in production has been modified

TadawulJanuary 1, 2026View on exchange

Element List	Explanation
Announcement Detail	Northern Region Cement Co. announces that it has received a notification from Saudi Aramco on 01-01-2026 that there is an amending in the prices of fuel products used in cement production starting from 01-01-2026. the company would like to clarify to its valued shareholders that the direct financial impact on production estimated to result in an increase of approximately 11%. In addition, the company assures that it will work during the upcoming period to study ways to reduce the financial impact of this adjustment. Nevertheless, the company will continue to implement its plans to reduce costs and raise the efficiency of production and operation. It is also worth noting that the company has joined the industrial sector competitiveness program starting in 2024, which will contribute to reducing the financial impact and improving the efficiency of power consumption.

Element List

Explanation

Announcement Detail

Northern Region Cement Co. announces that it has received a notification from Saudi Aramco on 01-01-2026 that there is an amending in the prices of fuel products used in cement production starting from 01-01-2026.

the company would like to clarify to its valued shareholders that the direct financial impact on production estimated to result in an increase of approximately 11%. In addition, the company assures that it will work during the upcoming period to study ways to reduce the financial impact of this adjustment. Nevertheless, the company will continue to implement its plans to reduce costs and raise the efficiency of production and operation.

It is also worth noting that the company has joined the industrial sector competitiveness program starting in 2024, which will contribute to reducing the financial impact and improving the efficiency of power consumption.