Saudia Dairy and Foodstuff Co. ("SADAFCO") Announces the Financial Impact of the Diesel Price Increase | premargin

Saudia Dairy and Foodstuff Co. ("SADAFCO") Announces the Financial Impact of the Diesel Price Increase

TadawulJanuary 6, 2026View on exchange

Element List	Explanation
Announcement Detail	Saudia Dairy & Foodstuff Co. (SADAFCO) announced that, it has received a notification regarding an adjustment to the price of diesel used in its operational activities effective January 1, 2026, and would like to inform its valued shareholders that the direct financial impact of this adjustment will be reflected in its financial results starting from the first quarter of 2026, with additional costs estimated at approximately SAR 8.2 million during the year 2026. The Company further highlights its participation in the “Industrial Sector Competitiveness Program” which is anticipated to mitigate the financial effects of the price adjustment, enhance energy efficiency, and promote responsible and sustainable development, in alignment with the Company’s strategic priorities and its commitment to safeguarding shareholders’ rights.

Element List

Explanation

Announcement Detail

Saudia Dairy & Foodstuff Co. (SADAFCO) announced that, it has received a notification regarding an adjustment to the price of diesel used in its operational activities effective January 1, 2026, and would like to inform its valued shareholders that the direct financial impact of this adjustment will be reflected in its financial results starting from the first quarter of 2026, with additional costs estimated at approximately SAR 8.2 million during the year 2026.

The Company further highlights its participation in the “Industrial Sector Competitiveness Program” which is anticipated to mitigate the financial effects of the price adjustment, enhance energy efficiency, and promote responsible and sustainable development, in alignment with the Company’s strategic priorities and its commitment to safeguarding shareholders’ rights.