Saudi Ceramics said the review resulted in extending the useful lives of certain assets while shortening others
Saudi Ceramic Co.(Saudi Ceramics)said its board approved a reassessment of the remaining useful lives of its property, plant, and equipment, based on a study by a specialized consulting firm, according to a statement to Tadawul. 
The review resulted in extending the useful lives of certain assets while shortening others.
The company expects the reassessment to have a positive impact on its 2026 financial results, particularly through lower depreciation expenses over the full year.
It added that the accounting adjustment will not affect cash flows.
Saudi Ceramics said the review resulted in extending the useful lives of certain assets while shortening others
Saudi Ceramic Co.(Saudi Ceramics)said its board approved a reassessment of the remaining useful lives of its property, plant, and equipment, based on a study by a specialized consulting firm, according to a statement to Tadawul.
The review resulted in extending the useful lives of certain assets while shortening others.
The company expects the reassessment to have a positive impact on its 2026 financial results, particularly through lower depreciation expenses over the full year.
It added that the accounting adjustment will not affect cash flows.
