Yamama Cement says fuel price adjustment to raise production costs by 8%

25/04/2024 Argaam

Yamama Cement says fuel price adjustment to raise production costs by 8%

Yamama Cement's headquarters

Yamama Cement Co. said that Saudi Arabian Oil Co.'s (Saudi Aramco) recent fuel price adjustment will lead to an estimated increase of 8% in annual production costs, according to a statement to Tadawul today, April 25.

 

 The relevant financial impact started to appear as of Jan. 1, the statement added. 

 

Yamama Cement earlier received a notice from Saudi Aramco on an adjustment in the prices of fuel products used in its operations and distributions, effective Jan. 1, 2024, Argaam reported.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Most Read