| Element List | Explanation |
|---|---|
| Announcement Detail | The Saudi Ceramic Company announces that it has received an official notification from the Natural Gas Distribution Company regarding a temporary suspension of natural gas supplies for a period of eight days, starting from May 1, 2022 corresponding to Ramadan 30, 1443, due to maintenance work in the main supply lines of Aramco. |
As a result, production in factories will halt during this period, and the halt will be used to carry out periodic maintenance. This will not affect the Company's ability to fulfill its obligations towards customers. It is expected that the financial impact of this suspension will not be material and depends mainly on the actual duration of the supply interruption. Note that any financial impact will be reflected in the results of the second quarter of 2022.
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.