“City Cement”: Production costs increased by 2.3% after adjusting fuel prices
Company said "City cement" The impact of the fuel price adjustment will result in an increase in the cost of production by 2.3%, based on the notice received from "Saudi Aramco" Regarding amending the prices of fuel used in the company’s activities as of January 1, 2026.
The company explained in a statement on: "Saudi Arabia trading"Today, Monday, it included this impact in the company’s financial results for the first quarter of the fiscal year 2026.
The company confirmed its keenness to continue applying the best procedures and practices to enhance the efficiency of its business and develop it in a responsible and sustainable manner, with the aim of reducing costs and raising the efficiency of production and operation.
It should be noted that the company has joined the industrial sector competitiveness program, which contributed to reducing the financial impact and improving the efficiency of energy consumption.
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