‎Saudi Ceramics says production costs to rise 0.8% on revised electricity tariff

‎Saudi Ceramics says production costs to rise 0.8% on revised electricity tariff ‎Saudi Ceramics says production costs to rise 0.8% on revised electricity tariff

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Logo of Saudi Ceramic Co.

Saudi Ceramics Co.said the adjustment to electricity service tariffs is expected to increase its annual production and operating costs by 0.8%.

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The revised water service tariff is not expected to have any financial impact, according to a Tadawul statement.

These revisions are expected to be reflected in its financial results starting Q1 2027.

Saudi Ceramics also confirmed that it is implementing a number of initiatives aimed at optimizing energy consumption and enhancing production and operational efficiency, which will help mitigate the impact of increased costs on its financial performance.

According to Argaam, Saudi Energy Co. and National Water Company have announced tariff adjustments for electricity, water, and wastewater services across the residential, non-residential, and government sectors. The changes will take effect on Jan. 1, 2027, in accordance with governance procedures for adjusting energy and water product prices.

 

‎

Logo of Saudi Ceramic Co.

Saudi Ceramics Co.said the adjustment to electricity service tariffs is expected to increase its annual production and operating costs by 0.8%.

The revised water service tariff is not expected to have any financial impact, according to a Tadawul statement.

These revisions are expected to be reflected in its financial results starting Q1 2027.

Saudi Ceramics also confirmed that it is implementing a number of initiatives aimed at optimizing energy consumption and enhancing production and operational efficiency, which will help mitigate the impact of increased costs on its financial performance.

According to Argaam, Saudi Energy Co. and National Water Company have announced tariff adjustments for electricity, water, and wastewater services across the residential, non-residential, and government sectors. The changes will take effect on Jan. 1, 2027, in accordance with governance procedures for adjusting energy and water product prices.

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