National Gypsum Co: Q1 Financial Impact Expected from Fuel Price Adjustment

The National Gypsum Company announced it has received notification from Saudi Aramco regarding an adjustment to fuel product prices used in production, effective January 1, 2025.

The company informed its shareholders that the adjustment will lead to an increase in production costs. Efforts are underway to calculate the anticipated financial impact, with results to be disclosed upon completion.

Additionally, the company stated it will explore measures to mitigate the financial impact in the coming period. The effect of the adjustment will begin to reflect in the company’s financial results for the first quarter of 2025.