‎Riyadh Cement says production costs to rise 9.6% on fuel price hike

‎Riyadh Cement says production costs to rise 9.6% on fuel price hike ‎Riyadh Cement says production costs to rise 9.6% on fuel price hike

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Logo ofRiyadh Cement Co.

Riyadh Cement Co. said Saudi Arabian Oil Co.’s (Saudi Aramco) adjustment of fuel product prices will result in a 9.6% increase in production costs, according to a Tadawul filing today, Jan. 13.

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The company received earlier a notice from Saudi Aramco on the adjustment in prices of fuel products used in production operations, effective as of Jan. 1, 2025, data compiled by Argaam showed.

 

Logo ofRiyadh Cement Co.

Riyadh Cement Co. said Saudi Arabian Oil Co.’s (Saudi Aramco) adjustment of fuel product prices will result in a 9.6% increase in production costs, according to a Tadawul filing today, Jan. 13.

For more news on listed companies

The company received earlier a notice from Saudi Aramco on the adjustment in prices of fuel products used in production operations, effective as of Jan. 1, 2025, data compiled by Argaam showed.

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