‎Saudi Lime expects 3.5% rise in production costs after fuel price adjustment

‎Saudi Lime expects 3.5% rise in production costs after fuel price adjustment ‎Saudi Lime expects 3.5% rise in production costs after fuel price adjustment

​‎

Logo ofSaudi Lime Industries Co.

Saudi Lime Industries Co. expects a 3.5% increase in total production costs following adjustments to fuel product prices used in its operations, effective Jan. 1, 2025, according to a Tadawul statement.

Advertisement

For more news on listed companies

This estimate accounts for support provided under the Industrial Sector Competitiveness Program.

The company affirmed its commitment to implementing the best procedures and practices to mitigate financial impacts, enhance business efficiency, and deliver sustainable value to shareholders.

Saudi Lime joined the Industrial Sector Competitiveness Program in 2024, benefiting from the program’s cost reduction and energy efficiency initiatives.

According to data available with Argaam, the company and its subsidiary were notified by Saudi Aramco last January on fuel product price change, effective Jan. 1, 2025.

 

Logo ofSaudi Lime Industries Co.

Saudi Lime Industries Co. expects a 3.5% increase in total production costs following adjustments to fuel product prices used in its operations, effective Jan. 1, 2025, according to a Tadawul statement.

For more news on listed companies

This estimate accounts for support provided under the Industrial Sector Competitiveness Program.

The company affirmed its commitment to implementing the best procedures and practices to mitigate financial impacts, enhance business efficiency, and deliver sustainable value to shareholders.

Saudi Lime joined the Industrial Sector Competitiveness Program in 2024, benefiting from the program’s cost reduction and energy efficiency initiatives.

According to data available with Argaam, the company and its subsidiary were notified by Saudi Aramco last January on fuel product price change, effective Jan. 1, 2025.

Add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Keep Up to Date with our Weekly Newsletter

By pressing the Subscribe button, you confirm that you have read and are agreeing to our Privacy Policy and Terms of Use
Advertisement