Tabuk Cement Company announces that it has received a notification regarding the price of fuel used in production has been modified. | premargin

Tabuk Cement Company announces that it has received a notification regarding the price of fuel used in production has been modified.

TadawulJanuary 5, 2026View on exchange

Element List	Explanation
Announcement Detail	Tabuk Cement Company announces that it has received a notification from Saudi Aramco amending the prices of fuel products used in production, effective from 01-01-2026. The Company would like to clarify to its valued shareholders that the financial impact of this amendment is estimated to result in an increase in production costs. The company also affirms that it will, in the coming period, assess potential measures to mitigate the financial impact of this adjustment. At the same time, the company will continue implementing its plan to reduce costs and enhance the efficiency of production and operations. Also, it is worth noting that it has joined the industrial sector competitiveness program during 2024, which will contribute to reduce the financial impact of above amendment.

Element List

Explanation

Announcement Detail

Tabuk Cement Company announces that it has received a notification from Saudi Aramco amending the prices of fuel products used in production, effective from 01-01-2026.

The Company would like to clarify to its valued shareholders that the financial impact of this amendment is estimated to result in an increase in production costs. The company also affirms that it will, in the coming period, assess potential measures to mitigate the financial impact of this adjustment. At the same time, the company will continue implementing its plan to reduce costs and enhance the efficiency of production and operations.

Also, it is worth noting that it has joined the industrial sector competitiveness program during 2024, which will contribute to reduce the financial impact of above amendment.