Yamama Cement Company announces that it has received an official notification indicating a modification in the prices of fuel products

Yamama Cement Company announces that it has received an official notification indicating a modification in the prices of fuel products

Announcement Detail

Yamama Cement Company announces that it has received an official notice from the Saudi Arabian Oil Company (Saudi Aramco), indicating a modification in the prices of fuel products used in cement production, effective January 1, 2024. The company wishes to clarify to its esteemed shareholders that this adjustment will impact production costs, and efforts are currently underway to calculate the expected financial impact. Additionally, the company will work in the coming period to explore ways to minimize the financial impact of this adjustment on its financial results.

Yamama Cement Company announces that it has received an official notification indicating a modification in the prices of fuel products