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Zoujaj forecasts tariff impact

Zoujaj forecasts tariff impact

National Glass Industries Company (“Zoujaj”) expects its cost of revenue to increase by approximately 1.73% year over year as a result of adjustments to electricity, water and sewage tariffs in Saudi Arabia. The financial impact is expected to begin appearing in the first quarter of 2027. The company said it is working to rationalize energy consumption, improve operational efficiency and reduce waste to limit the cost increase while maintaining the quality of its products.

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