Saudi Ceramics receives notice from NGDC on service fees adjustment

09:12 AM (Mecca time) Argaam
Saudi Ceramics says work is currently underway to calculate the expected financial impact

Saudi Ceramics says work is currently underway to calculate the expected financial impact

Saudi Ceramic Co. (Saudi Ceramics) said it received a notice, on Jan. 13, from Natural Gas Distribution Co. (NGDC), regarding an adjustment to service fee rates for natural gas used in its operations as of Jan. 1, 2026.

 

In a statement to Tadawul, the company said the adjustment is expected to impact production costs as of Q1 2026 results.

 

Work is currently underway to calculate the expected financial impact, which will be announced once the calculation is completed, the statement added.

 

Saudi Ceramics remains committed to implementing best practices and procedures to enhance operational efficiency and achieve sustainable growth. It will continue to execute its plans to reduce costs and improve operational efficiency in support of its strategic objectives.

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