Southern Province Cement Company announces that it has received notice of an amending in the prices of fuel products used in production
| Element List | Explanation |
|---|---|
| Announcement Detail | Southern Province Cement Company announces that it has received a notification from Saudi Aramco on 01/01/2025 that there is an amending in the prices of fuel products used in cement production starting from 01/01/2025.
The company would like to clarify to its esteemed shareholders that this amendment will have a financial impact, represented by an increase in the cost of production, which will appear starting from the financial results for the first quarter of 2025. If the financial impact is fully known, it will be announced, and the company will work hard to mitigate the effects of this amendment. |
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