| Introduction |
Further to Umm Al-Qura Cement Company’s announcement published on Tadawul website on 21/06/1445 AH corresponding to 03/01/2024 AD regarding receipt of a notification that the price of fuel used in production has been modified, the company would like to clarify the expected financial impact. |
| Date of Posting the Previous Announcement of Development on Saudi Exchange’s Website |
2024-01-03 Corresponding to 1445-06-21 |
| Hyperlink to the Previous Announcement |
Click Here |
| Change on the Development |
The company would like to clarify that the direct financial impact is expected to be around 11% increase in production cost. The company will also work during the coming period on exploring ways to reduce the impact of this amendment on the financial results. |
| Financial Impact on the change |
The company would like to clarify that the direct financial impact is expected to be around 11% increase in production cost. The company will also work during the coming period on exploring ways to reduce the impact of this amendment on the financial results. |
