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Saudi Ceramic Flags Higher Annual Costs After Revised Electricity Tariffs
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09:30 AM EDT, 10/27/2026 (MT Newswires) -- Saudi Ceramic Co. (SASE:2040) expects revised electricity tariffs to increase its annual production and operating costs by 0.8% from Jan. 1, 2027. The Saudi building materials company said Tuesday the revised water service tariffs are not expected to have an impact. The electricity cost changes will appear in its first-quarter 2027 results. Saudi Ceramic is working to reduce energy usage and improve operational efficiency to limit the impact of higher costs.
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