Eastern Cement notified of gas, diesel price adjustment by Aramco

02/01/2025 Argaam
Logo ofEastern Province Cement Co.

Logo of Eastern Province Cement Co.

Eastern Province Cement Co. was notified by Saudi Arabian Oil Co. (Saudi Aramco) of higher prices of gas and diesel products used in the company’s activities, effective as of Jan. 1.

 

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This adjustment will have a near 3% financial impact on the cost of sales starting from Q1 2024, as per the latest issued income statement, the company added in a statement to Tadawul today, Jan. 2.

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