| Element List |
Explanation |
| Introduction |
Further to the Company’s announcement in Tadawul website on 22-06-1445 corresponding to 04-01-2024 regarding the Company’s receipt of a notification which includes an increase in the prices of energy products, the Company would like to clarify the expected financial impact during the year 2024. |
| Date of Posting the Previous Announcement of Development on Saudi Exchange’s Website |
2024-01-04 Corresponding to 1445-06-22 |
| Hyperlink to the Previous Announcement |
Click Here |
| Change on the Development |
The Company would like to clarify to its valued shareholders that the expected financial impact of the increase in energy prices for the year 2024 is estimated to be 14% in the total cost of sales, based on the Company’s latest audited annual financial statements. |
| Financial Impact on the change |
The expected financial impact of the increase in energy prices for the year 2024 is estimated to be 14% in the total cost of sales, based on the Company’s latest audited annual financial statements. |
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