Logo of Umm Al-Qura Cement Co. (UACC)
Umm Al-Qura Cement Co. (UACC) received a notice from Saudi Aramco regarding an adjustment 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, resulting in higher production costs, which will be reflected in the Q1 2026 financial results.
The company added that it will announce the full financial impact once determined and will take steps to mitigate the effects of this adjustment.
Be the first to comment
Comments Analysis: