Najran Cement Reduces Production Cost Impact to 8%

NAJRAN CEMENT

NAJRAN CEMENT

3002.SA

0.00

On June 22, 2026, Najran Cement Company issued an addendum announcement regarding fuel price modifications affecting production costs. The company signed an agreement with the Industrial Competitiveness Program to enhance operational efficiency and reduce production costs. Through this program, the estimated increase in production costs from fuel price adjustments is expected to decline from 11% to 8%, representing a 3% reduction in cost impact. The financial benefits are expected to be reflected in the company's second quarter 2026 financial results.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=96277&anCat=1&cs=3002&locale=ar

Note: The original announcement does not explicitly specify a currency unit. Figures above are reproduced as-is. Please refer to the original announcement for details.

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