Halwani Brothers Company said that the power was restored at all the companies’ facilities which was cut as a safety procedure due to a malfunction in one of its steam boilers.
The production lines will go back to operations gradually within seven days; the company said in a filing to Tadawul today.
The company added that there is no negative financial impact expected for this malfunction as it was repaired in a record time.
According to Argaam; Halwani announced on December 8th that one of its four steam boilers at its old Jeddah plant malfunctioned, due to a defect in the safety valve.
Production was halted as electricity was cut to the site in addition to the adjacent offices as a safety procedure.
Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.
Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}