Borsat Al Khaleej Live Support
21/06/2026 11:41 AST
Yanbu Cement Company has announced the latest developments regarding the adjustment in fuel product prices used in production, following a notification received earlier this year from Saudi Aramco.
The company confirmed that the adjustment has resulted in a 4 percent increase in production costs, a financial impact that has already been reflected in its results for the first quarter of fiscal year 2026.
Yanbu Cement emphasized its commitment to mitigating the impact of rising energy costs by implementing best practices to enhance operational efficiency and reduce expenses. The company stated that it continues to pursue responsible and sustainable development strategies aimed at strengthening competitiveness in the industrial sector.
As part of these efforts, Yanbu Cement has joined the Industrial Sector Competitiveness Program, which has helped offset some of the financial burden while improving energy efficiency.
The company assured shareholders that it remains focused on maintaining efficiency and sustainability, while adapting to evolving market conditions. No delays or additional consequences are expected in relation to the company's financial results.
This update follows Yanbu Cement's earlier disclosure on January 5, 2026 (1447/07/16H), when it first announced receiving the notification from Saudi Aramco regarding fuel price adjustments.
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| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| MAADEN | 58.40 | -0.65 (-1.11 |
| SABIC | 52.50 | 0.90 (1.74 |
| SABICAGRINUTRIENTS | 126.00 | 1.20 (0.96 |
| LUBEREF | 128.50 | 3.50 (2.80 |
| YANSAB | 30.60 | 0.90 (3.03 |
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