Addendum announcement from Saudi Industrial Investment Group regarding the official notification from Saudi Aramco received by its subsidiaries on amending the feedstock prices.
Element List | Explanation |
---|---|
Introduction | Further to SIIG announcement regarding the receipt by its subsidiaries of a notice from Saudi Aramco to amend the feedstock prices where the company wishes to clarify the preliminary estimates for the financial impact. |
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 | SIIG wishes to clarify that preliminary estimates indicate that the approximate financial impact of this rise is about 1.4% of the Cost of Goods Sold for the Joint Ventures according to the latest financial statements. |
Financial Impact on the change | This impact will start with the financial results for the first quarter of 2024. |
Additional Information | Non |
Comments