CITY CEMENT: Fuel Price Adjustments to Raise Production Costs by 7%

City Cement Co. announced on Sunday that it received a notice to adjust the prices of fuel products used in production, explaining that the impact of this adjustment will lead to an increase in production costs by approximately 7%.

The Company stated in a statement on “Tadawul” that it joined the Industrial Sector Competitiveness Programme in 2024, which contributed to reducing the financial impact of the above adjustment.