| Element List | Explanation |
|---|---|
| Announcement Detail | Saudi Industrial Development Company (SIDC) announces the pilot startup of (4) production lines for one-piece water closets - Low Pressure Technology - at SIDC Ceramic Factory "CASAVIA", as part of the first phase of the factory capital expansion plan. |
This is quite an important event for increasing production capacity to keep pace with market demands and meet customer needs, consequently, increase market share, substantially boost factory sales, and improve operating profits. The positive impact of this will reflect when expected commercial production begins during the first quarter of the financial year 2024.
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