Petro Rabigh sees cost of sales rising 0.9% on higher feedstock prices

04/01/2024 Argaam

Petro Rabigh sees cost of sales rising 0.9% on higher feedstock prices

Logo of Rabigh Refining and Petrochemical Co. (Petro Rabigh) 

Rabigh Refining and Petrochemical Co. (Petro Rabigh) received an official notice from Saudi Aramco on hiking some feedstock prices starting from Jan. 1.  

 

In a statement to Tadawul, Petro Rabigh said it expects an increase of nearly 0.9% in the total cost of sales, based on the latest audited financial statements. 

 

The financial impact is seen to show in Q1 2024.  

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Most Read