| Element List | Explanation |
|---|---|
| Introduction | Further to the Company’s announcement published on the tadawul website on 12-07-1447H corresponding to 01-01-2026G regarding the receipt of a notification on the adjustment of fuel prices used in production, the Company would like to clarify the expected financial impact. |
| Previous Announcement | Umm Al-Qura Cement Co. Announces that it has received a notification that the price of fuel used in production has been modified |
| Date of Previous Announcement on Saudi Exchange’s Website | 2026-01-01 Corresponding to 1447-07-12 |
| Hyperlink to the Previous Announcement on the Saudi Exchange Website | Click Here |
| Latest Developments Of The Announced Event | The Company would like to clarify that the direct financial impact is estimated at an approximate 10.2% increase in production costs. This financial impact is expected to be reflected starting from the results of the first quarter of 2026. |
It is worth noting that during 2024, the Company joined the Industrial Sector Competitiveness Program, which contributes to mitigating the financial impact and improving energy consumption efficiency.
The Company also confirms that it is currently working on implementing its plans to reduce costs and enhance production and operational efficiency in order to minimize this impact.
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.