‎SAPTCO sees 2.8% rise in operating costs from diesel prices hike

‎SAPTCO sees 2.8% rise in operating costs from diesel prices hike ‎SAPTCO sees 2.8% rise in operating costs from diesel prices hike

​‎

Logo ofSaudi Public Transport Co. (SAPTCO)

Saudi Public Transport Co. (SAPTCO) announced the financial impact of the increase in diesel prices, which came into effect on Jan. 1, saying that this increase is expected to have a direct impact on its operating costs by 2.8%.

Advertisement

In a statement to Tadawul, the company added that this impact will appear as from Q1 2025.

For more news on listed companies

SAPTCO also highlighted that it recognizes the challenges arising from these changes and continues its steadfast commitment to implementing effective strategies that focus on enhancing operational efficiency and reducing costs.

 

Logo ofSaudi Public Transport Co. (SAPTCO)

Saudi Public Transport Co. (SAPTCO) announced the financial impact of the increase in diesel prices, which came into effect on Jan. 1, saying that this increase is expected to have a direct impact on its operating costs by 2.8%.

In a statement to Tadawul, the company added that this impact will appear as from Q1 2025.

For more news on listed companies

SAPTCO also highlighted that it recognizes the challenges arising from these changes and continues its steadfast commitment to implementing effective strategies that focus on enhancing operational efficiency and reducing costs.

Add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Keep Up to Date with our Weekly Newsletter

By pressing the Subscribe button, you confirm that you have read and are agreeing to our Privacy Policy and Terms of Use
Advertisement