Southern Cement said that energy price adjustment financial impact will be reflected in Q1 2026 financials
Southern Province Cement Co. received a notice from Saudi Aramco regarding a change to the prices of fuel products used in cement production, effective today, Jan. 1. 
In a statement to Tadawul, the company said this adjustment will have a financial impact, that will be reflected in the Q1 2026 financial results.
The expected financial impact is currently being calculated and will be announced upon completion of the calculation, the statement added.
The company noted that it has joined the Industrial Sector Competitiveness Program starting from 2024, which will contribute to mitigating the financial impact and improving energy efficiency.
The cement producer further emphasized that it continues to implement its strategic plans aimed at improving production and operational efficiency, and improving energy consumption efficiency which are expected to minimize the financial impact of fuel price adjustments.
Southern Cement said that energy price adjustment financial impact will be reflected in Q1 2026 financials
Southern Province Cement Co. received a notice from Saudi Aramco regarding a change to the prices of fuel products used in cement production, effective today, Jan. 1.
In a statement to Tadawul, the company said this adjustment will have a financial impact, that will be reflected in the Q1 2026 financial results.
The expected financial impact is currently being calculated and will be announced upon completion of the calculation, the statement added.
The company noted that it has joined the Industrial Sector Competitiveness Program starting from 2024, which will contribute to mitigating the financial impact and improving energy efficiency.
The cement producer further emphasized that it continues to implement its strategic plans aimed at improving production and operational efficiency, and improving energy consumption efficiency which are expected to minimize the financial impact of fuel price adjustments.
