Zoujaj Flags 1.73% Cost Rise From Utility Tariffs
Riyadh, Saudi Arabia — The National Company for Glass Industries (Zoujaj) expects utility tariff changes to raise its annual cost of revenue by approximately 1.73% of total cost of sales, starting from the first quarter of 2027. The Saudi government’s amended electricity, water, and sewage tariffs take effect on 1 January 2027. Zoujaj assessed the […] The post Zoujaj Flags 1.73% Cost Rise From…
The National Company for Glass Industries (Zoujaj) anticipates a 1.73% increase in its annual cost of revenue due to revised Saudi government utility tariffs, starting from the first quarter of 2027. These amendments to the electricity, water, and sewage tariffs will take effect on January 1, 2027. Zoujaj has voluntarily informed investors about the expected cost rise to ensure transparency ahead of the tariff changes.
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