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ABICO Revises 2027 Rates
Arabian Plastic Industrial Company (“APICO”) announced adjustments to electricity and water tariffs, with the new rates set to take effect in January 2027. Their impact will be reflected in the company’s consolidated results for that year. The company expects the electricity tariff increase to raise production costs by approximately 1% of total cost of sales, while the water tariff adjustment is not expected to have a material financial impact.
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