‎UFG: Electricity, water tariff hikes to raise cost of sales by 0.8%

‎UFG: Electricity, water tariff hikes to raise cost of sales by 0.8% ‎UFG: Electricity, water tariff hikes to raise cost of sales by 0.8%

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UFG expects financial impact to reflect in Q1 2027

Arabian United Float Glass Co. (UFG) announced that revised electricity and water tariffs will take effect on Jan. 1, 2027, under the governance procedures for adjusting energy and water prices.

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In a statement to Tadawul, the company said the adjustment is expected to increase total cost of sales by approximately 0.8%, based on its latest reviewed interim financial statements as of June 30, 2026.

The company will continue to improve operational efficiency and optimize energy consumption to mitigate the cost impact, the statement added.

The financial impact is expected to be reflected in Q1 2027, and the company will announce any further developments.

 

‎

UFG expects financial impact to reflect in Q1 2027

Arabian United Float Glass Co. (UFG) announced that revised electricity and water tariffs will take effect on Jan. 1, 2027, under the governance procedures for adjusting energy and water prices.

In a statement to Tadawul, the company said the adjustment is expected to increase total cost of sales by approximately 0.8%, based on its latest reviewed interim financial statements as of June 30, 2026.

The company will continue to improve operational efficiency and optimize energy consumption to mitigate the cost impact, the statement added.

The financial impact is expected to be reflected in Q1 2027, and the company will announce any further developments.

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