Saudi Ceramic Reports Minimal Impact from Aramco Fuel Price Increases

SAUDI CERAMICS +0.42%

SAUDI CERAMICS

2040.SA

28.62

+0.42%

Saudi Ceramic Co. announced on February 16, 2026 an update on the financial impact of fuel price adjustments from Saudi Aramco, following its previous announcement on January 5, 2026. The company clarified that the direct financial impact from increased Arabian Light crude oil prices is limited due to the Industrial Sector Competitiveness Program, which is expected to continue mitigating costs through 2026. The impact of increased industrial diesel prices on production costs is estimated at approximately 0.05% and is not considered material.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=93165&anCat=1&cs=2040&locale=ar

Important Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.

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