| Element List | Explanation |
|---|---|
| Previous Announcement | City Cement Co. announces that it has received notice of an adjustment in the prices of fuel products used in production |
| Date of Previous Announcement on Saudi Exchange’s Website | 2026-01-05 Corresponding to 1447-07-16 |
| Hyperlink to the Previous Announcement on the Saudi Exchange Website | Click Here |
| Latest Developments Of The Announced Event | With reference to the Company’s announcement published on Saudi Exchange (Tadawul) website on 16-07-1447 corresponding to 05-01-2026, regarding the receipt of a notification letter concerning the adjustment of fuel product prices used in production. 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 2.32 %. This impact has been reflected in the Company’s financial results for the first quarter of the fiscal year 2026. The company affirms its full commitment to continuing to implement the best procedures and practices to enhance its business efficiency and develop it responsibly and sustainably, with the aim of reducing costs and raising production and operational efficiency. It is worth noting that the company has joined the Industrial Sector Competitiveness Program, which has contributed to reducing the financial impact and improving energy efficiency |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | The financial impact of this adjustment is estimated to be around 2.32 % increase in production cost. |
| Additional Information | The company confirms its full commitment to the disclosure requirements in accordance with the relevant laws and regulations, and will announce any material developments related to the company's business in a timely manner. For inquiries, you can contact the Investor Relations Department via: phone: 0115284107 e-mail: Investors@citycement.sa |