“Northern Cement” receives a notification from Aramco about adjusting fuel prices

Yesterday, the Northern Province Cement Company received a notification from Saudi Aramco regarding an adjustment in the prices of fuel products used in cement production, starting from January 1, 2025 AD.
The company said in a statement on Tadawul Saudi Arabia: The amendment will have a financial impact in the form of an increase in the cost of production, which will appear starting from the financial results for the first quarter of 2025.
She added that once the financial impact is known, it will be announced and the company will work hard to mitigate the effects of this amendment.