‎Al Omran warns of higher costs from utility tariff hikes

‎Al Omran warns of higher costs from utility tariff hikes ‎Al Omran warns of higher costs from utility tariff hikes

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Logo ofAl-Omran Industrial Trading Co.

Al-Omran Industrial Trading Co. said changes to electricity and water tariffs could increase its production and sales costs.

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In a statement to Tadawul, the company said it is currently assessing and reviewing the expected financial impact of the tariff adjustments on its operations, following decisions to raise tariffs.

The final financial impact will be reflected in the company’s 2027 statements, after the revised tariffs take effect and their impact on the results becomes apparent.

The company has not yet specified the expected amount or percentage increase in costs.

 

‎

Logo ofAl-Omran Industrial Trading Co.

Al-Omran Industrial Trading Co. said changes to electricity and water tariffs could increase its production and sales costs.

In a statement to Tadawul, the company said it is currently assessing and reviewing the expected financial impact of the tariff adjustments on its operations, following decisions to raise tariffs.

The final financial impact will be reflected in the company’s 2027 statements, after the revised tariffs take effect and their impact on the results becomes apparent.

The company has not yet specified the expected amount or percentage increase in costs.

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