‎Herfy projects 1.2% increase in annual costs on electricity, water tariff adjustments

‎Herfy projects 1.2% increase in annual costs on electricity, water tariff adjustments ‎Herfy projects 1.2% increase in annual costs on electricity, water tariff adjustments

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Logo ofHerfy Food

Herfy Food Services expects its annual cost of revenue to increase by 1.2% following adjustments to electricity and water consumption tariffs, based on preliminary estimates and the audited financial statements for the year ended Dec. 31, 2025.

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In a statement to Tadawul today, the company said the financial impact of the adjustments is expected to be reflected in its financial results starting from Q1 2027. It added that it will continue to focus on operational efficiency and cost optimization to mitigate the impact.

According to Argaam data, Saudi Energy Co. (SEC) and the National Water Co. (NWC) had announced adjustments to electricity, water and wastewater service tariffs for residential, non-residential and government sectors, effective Jan. 1, 2027, in line with the governance procedures for adjusting energy and water product prices.

 

‎

Logo ofHerfy Food

Herfy Food Services expects its annual cost of revenue to increase by 1.2% following adjustments to electricity and water consumption tariffs, based on preliminary estimates and the audited financial statements for the year ended Dec. 31, 2025.

In a statement to Tadawul today, the company said the financial impact of the adjustments is expected to be reflected in its financial results starting from Q1 2027. It added that it will continue to focus on operational efficiency and cost optimization to mitigate the impact.

According to Argaam data, Saudi Energy Co. (SEC) and the National Water Co. (NWC) had announced adjustments to electricity, water and wastewater service tariffs for residential, non-residential and government sectors, effective Jan. 1, 2027, in line with the governance procedures for adjusting energy and water product prices.

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