SP Global said in a recent report that increased fuel prices in Saudi Arabia will lead to a marginal rise in production costs for rated Saudi companies. However, this hike may have a tangible impact on profit margins and competitive ability for a large number of Saudi market players.
In an emailed report to Argaam, the agency said the additional cost will be reflected in companies’ financial statements starting Q1 2025.
SP Global said in a recent report that increased fuel prices in Saudi Arabia will lead to a marginal rise in production costs for rated Saudi companies. However, this hike may have a tangible impact on profit margins and competitive ability for a large number of Saudi market players.
In an emailed report to Argaam, the agency said the additional cost will be reflected in companies’ financial statements starting Q1 2025.
