‎Saudi Ceramics clarifies financial impact of natural gas service fee adjustment

​‎

Logo ofSaudi Ceramic Co. (Saudi Ceramics)

Saudi Ceramic Co. (Saudi Ceramics)studied the financial impact of the new natural gas services fees and calculation mechanism used in its operations, effective as of Jan. 1, confirming that the direct effect on production costs is limited, at about 0.25%.

Advertisement

In a statement to Tadawul today, Feb. 16, the company reaffirmed its commitment to best practices, aiming to enhance efficiency, cut costs, and support sustainable growth while advancing its strategic goals.

According to Argaam data, Saudi Ceramics received a notice on Jan. 13 from the Natural Gas Distribution Co. (NDGC), adjusting service fees for natural gas used in its operations, effective as of Jan. 1.

‎

Logo ofSaudi Ceramic Co. (Saudi Ceramics)

According to Argaam data, Saudi Ceramics received a notice on Jan. 13 from the Natural Gas Distribution Co. (NDGC), adjusting service fees for natural gas used in its operations, effective as of Jan. 1.