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Zoujaj Expects Rise in Revenue Costs on Utility Tariff Changes
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03:27 AM EST, 11/08/2026 (MT Newswires) -- The National Co. for Glass Industries (SASE:2150), d/b/a Zoujaj, anticipates a 1.73% increase in revenue costs due to the changes in Saudi Arabian electricity, water, and sewage tariffs that will take effect on Jan. 1, 2027. The Saudi-listed glass container manufacturer said that the yearly cost hike is expected to be reflected in its financial results from the first quarter of 2027, according to a Sunday release. Additionally, the company plans to cut energy consumption and streamline operations to mitigate the tariff impact.
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