1 Day
Source:
معلومات مباشر
Zajaj resumes damaged line, forecasts 16.1M riyals loss
National Glass Industries "Z glass" announced the completion of repairs and the restart of the production line that was affected by a minor fire. The shutdown lasted from September 2025 until July 2026. The statement indicated that this halt resulted in financial losses totaling 16.1 million riyals, with repair costs increasing from 1.3 million to 3.1 million riyals. The actual downtime was approximately ten months due to logistical and technical challenges, particularly in importing spare parts and supplying technical support teams. This came after assessments revealed more extensive damage than initially expected, requiring additional time for repairs. As a result, the delay led to decreased profits and impacted operational processes, although the damages were covered by insurance.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)