‎Zoujaj expects 1.73% increase in cost of revenue following electricity tariff adjustment

‎Zoujaj expects 1.73% increase in cost of revenue following electricity tariff adjustment ‎Zoujaj expects 1.73% increase in cost of revenue following electricity tariff adjustment

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Logo ofThe National Company for Glass Industries (Zoujaj)

The National Company for Glass Industries (Zoujaj) said it assessed the expected financial impact of the announced adjustments to electricity, water, and sewage tariffs on its business.

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In a statement to Tadawul, the company said the adjustments are expected to increase its annual cost of revenue by approximately 1.73% of total cost of sales, effective Q1 2027.

Zoujaj pointed out that it continues to work on rationalizing energy consumption and improving operational efficiency to mitigate the impact on its financial results.

According to Argaam data, Saudi Energy and National Water Co. announced adjustments to electricity, water, and sewage service tariffs for residential, non-residential, and government sectors, effective Jan. 1, 2027, in accordance with the governance procedures for adjusting energy and water product prices.

 

‎

Logo ofThe National Company for Glass Industries (Zoujaj)

The National Company for Glass Industries (Zoujaj) said it assessed the expected financial impact of the announced adjustments to electricity, water, and sewage tariffs on its business.

In a statement to Tadawul, the company said the adjustments are expected to increase its annual cost of revenue by approximately 1.73% of total cost of sales, effective Q1 2027.

Zoujaj pointed out that it continues to work on rationalizing energy consumption and improving operational efficiency to mitigate the impact on its financial results.

According to Argaam data, Saudi Energy and National Water Co. announced adjustments to electricity, water, and sewage service tariffs for residential, non-residential, and government sectors, effective Jan. 1, 2027, in accordance with the governance procedures for adjusting energy and water product prices.

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