Logo ofShatirah House Restaurant Co. (Burgerizzr)
Shatirah House Restaurant Co. (Burgerizzr) announced that, pursuant to the revisions to the electricity and water service tariffs, which will come into effect on January 1, 2027, and based on preliminary estimates, the financial impact of the revised electricity service tariff is expected to result in an increase of approximately 1% in the company’s annual cost of revenue. 
Meanwhile, the revised water service tariff is not expected to have significant financial impact, the company said in a statement to Tadawul.
It added that the financial impact of these revisions is expected to be reflected in its financial results starting from the first quarter of 2027.
The company further confirmed that it is implementing several initiatives aimed at optimizing energy consumption and enhancing operational and production efficiency, which are expected to help mitigate the impact of rising costs on its financial results.
Logo ofShatirah House Restaurant Co. (Burgerizzr)
Shatirah House Restaurant Co. (Burgerizzr) announced that, pursuant to the revisions to the electricity and water service tariffs, which will come into effect on January 1, 2027, and based on preliminary estimates, the financial impact of the revised electricity service tariff is expected to result in an increase of approximately 1% in the company’s annual cost of revenue.
Meanwhile, the revised water service tariff is not expected to have significant financial impact, the company said in a statement to Tadawul.
It added that the financial impact of these revisions is expected to be reflected in its financial results starting from the first quarter of 2027.
The company further confirmed that it is implementing several initiatives aimed at optimizing energy consumption and enhancing operational and production efficiency, which are expected to help mitigate the impact of rising costs on its financial results.
