| Announcement Detail |
The Saudi Ceramic Company announces that it has received a notification from the Saudi Arabian Oil Company (Saudi Aramco) for the increase in the prices of fuel products used in the Company's production processes starting from 1st January 2024. The Company would like to highlight to its valued shareholders that the impact of this increase will be a relative impact in the cost of production starting from the first quarter of the current year 2024. The Company also confirms that it will continue to work during the coming periods to enhance and raise operational efficiency to reduce the financial impact of this amendment on Company’s profits. |
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