Introduction |
Further to SIIG announcement regarding the receipt by its subsidiaries of a notice from Saudi Aramco to amend the feedstock prices where the company wishes to clarify the preliminary estimates for the financial impact. |
Date of Posting the Previous Announcement of Development on Saudi Exchange’s Website |
2024-01-04 Corresponding to 1445-06-22 |
Hyperlink to the Previous Announcement |
Click Here |
Change on the Development |
SIIG wishes to clarify that preliminary estimates indicate that the approximate financial impact of this rise is about 1.4% of the Cost of Goods Sold for the Joint Ventures according to the latest financial statements. |
Financial Impact on the change |
This impact will start with the financial results for the first quarter of 2024. |
Additional Information |
Non |