Riyadh – Mubasher: Saudi Automotive Services (SASCO) on Monday said that the adjustment of petroleum products’ prices would be reflected in the financial results of the first quarter of 2018, but cannot be predicted in the meantime.

The company’s management is currently working on limiting these negative impacts on the financial results, as per the guidelines of the board of directors, the company added.

On Sunday, the Saudi Ministry of Energy issued a statement on adjusting prices of local petroleum products, which go into effect as of January.