‎National Gypsum estimates 1% cost increase from new utility tariffs

‎National Gypsum estimates 1% cost increase from new utility tariffs ‎National Gypsum estimates 1% cost increase from new utility tariffs

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Logo of National Gypsum Co.

National Gypsum Co. expects amendments to electricity, water, and wastewater tariffs, effective Jan. 1, 2027, to increase its annual production costs by about 1%, the company said in a statement to Tadawul on Oct. 28.

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The preliminary estimate is based on the company’s consolidated financial statements, it said.

The financial impact of the revised tariffs is expected to be reflected in the company’s results from the first quarter of 2027. National Gypsum said it would announce any material developments in accordance with applicable laws and regulations.

Saudi Electricity Co. and National Water Co. previously announced revised electricity, water, and wastewater tariffs for residential, non-residential, and government sectors, effective Jan. 1, 2027, under the governance procedures for amending energy and water product prices.

 

‎

Logo of National Gypsum Co.

National Gypsum Co. expects amendments to electricity, water, and wastewater tariffs, effective Jan. 1, 2027, to increase its annual production costs by about 1%, the company said in a statement to Tadawul on Oct. 28.

The preliminary estimate is based on the company’s consolidated financial statements, it said.

The financial impact of the revised tariffs is expected to be reflected in the company’s results from the first quarter of 2027. National Gypsum said it would announce any material developments in accordance with applicable laws and regulations.

Saudi Electricity Co. and National Water Co. previously announced revised electricity, water, and wastewater tariffs for residential, non-residential, and government sectors, effective Jan. 1, 2027, under the governance procedures for amending energy and water product prices.

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