Al-Jouf Cement: Fuel Price Adjustment Raises Financial Impact by 10.1%

The company announced that the financial impact of adjusting fuel product prices used in production is estimated to result in a 10.1% increase in production costs, based on the latest audited financial statements. This includes higher prices for alternative fuels and diesel.

The company assured its shareholders that it will actively explore measures to mitigate the financial impact of this adjustment. It also reaffirmed its commitment to implementing plans aimed at cost reduction and improving production and operational efficiency. Additionally, the company will collaborate with government agencies to explore opportunities for diversifying energy sources.