BRIEF-Saudi Kayan Receives Official Notification To Increase Feedstock Prices

+1.78%

SAUDI KAYAN

2350.SA

6.87

+1.78%

Jan 2 (Reuters) - Saudi Kayan Petrochemical Company SJSC 2350.SE:

ANNOUNCES RECEIVING OFFICIAL NOTIFICATION TO INCREASE FEEDSTOCK PRICES
EXPECTED FINANCIAL IMPACT OF THE FEEDSTOCK PRICES IS ESTIMATED AT AN INCREASE EQUIVALENT TO APPROXIMATELY 1.3% OF ANNUAL COST OF SALES ACCORDING TO AUDITED ANNUAL FINANCIAL STATEMENT FOR 2023

Source text: ID:nSSE9zlFzH

Further company coverage: 2350.SE

((Reuters.Briefs@thomsonreuters.com;))

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