Logo ofAlsaif Stores for Development and Investment Co. (Alsaif Gallery)
Alsaif Stores for Development and Investment Co. (Alsaif Gallery) said revised electricity tariffs are expected to increase its cost of revenue by approximately 0.3%, based on preliminary estimates. 
The company said in a statement to Tadawul that revised water tariffs are not expected to have a material financial impact on its operations.
Alsaif Gallery expects the impact of the tariff adjustments to appear in its financial results from the first quarter of 2027.
The company has also begun implementing energy-saving measures to mitigate the impact of higher costs on its financial results.
According to Argaam data, Saudi Energy Co. and National Water Co. (NWC) announced revisions to electricity, water and wastewater service tariffs for residential, non-residential and government sectors, effective Jan. 1, 2027, in accordance with the governance procedures for adjusting energy and water product prices.
Logo ofAlsaif Stores for Development and Investment Co. (Alsaif Gallery)
Alsaif Stores for Development and Investment Co. (Alsaif Gallery) said revised electricity tariffs are expected to increase its cost of revenue by approximately 0.3%, based on preliminary estimates.
The company said in a statement to Tadawul that revised water tariffs are not expected to have a material financial impact on its operations.
Alsaif Gallery expects the impact of the tariff adjustments to appear in its financial results from the first quarter of 2027.
The company has also begun implementing energy-saving measures to mitigate the impact of higher costs on its financial results.
According to Argaam data, Saudi Energy Co. and National Water Co. (NWC) announced revisions to electricity, water and wastewater service tariffs for residential, non-residential and government sectors, effective Jan. 1, 2027, in accordance with the governance procedures for adjusting energy and water product prices.
