Tabuk Cement Company announces the impact of its revenues due to the precautionary measures to limit the spread of the Corona Virus (COVID-19) taken by the competent authorities
| Element List | Explanation |
|---|---|
| Announcement Detail | With reference to the additional decisions taken by the government of the Kingdom of Saudi Arabia regarding precautionary procedures and measures to reduce the spread of the Corona virus emerging (COVID-19), which requires the imposition of a complete curfew in some cities and governorates of the Kingdom.
Tabuk Cement Company announces that it is committed to applying what was stipulated in the recent decisions, so the company would like to indicate that its sales and financial results will be directly affected by the precautionary measures taken, and because to the difficulty of determining the duration of these procedures and preventive measures by the competent authorities, currently it is impossible to the company to determine the size of the financial impact resulting from that and the accompanying developments. The company will follow the developments in this regard, and any developments will be announced in a timely manner. The company would like to emphasize that this interim measure will not have a major impact on the company's future business and plans.
Allah (God) save everyone from all harm ... May Allah (God) grant success. |
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