‎Lime Industries expects 0.8% hike in annual production costs on energy, water tariff adjustments

‎Lime Industries expects 0.8% hike in annual production costs on energy, water tariff adjustments ‎Lime Industries expects 0.8% hike in annual production costs on energy, water tariff adjustments

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Logo ofSaudi Lime Industries Co.

Saudi Lime Industries Co. said the expected financial impact of the revised electricity and water consumption tariffs would be an estimated 0.8% increase in the annual total production costs of the company and its subsidiary, based on consolidated financial statements.

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In a statement to Tadawul, the company expected the financial impact of the adjustments to be reflected in its financial results starting from Q1 2027.

The company added that it continues to implement initiatives to rationalize energy consumption and improve production and operational efficiency to mitigate the impact of higher costs.

 

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Logo ofSaudi Lime Industries Co.

Saudi Lime Industries Co. said the expected financial impact of the revised electricity and water consumption tariffs would be an estimated 0.8% increase in the annual total production costs of the company and its subsidiary, based on consolidated financial statements.

In a statement to Tadawul, the company expected the financial impact of the adjustments to be reflected in its financial results starting from Q1 2027.

The company added that it continues to implement initiatives to rationalize energy consumption and improve production and operational efficiency to mitigate the impact of higher costs.

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