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National Glass Industries Company (“Zoujaj”) expects its annual cost of revenue to rise by approximately 1.73% of total cost of sales following adjustments to electricity, water and sewage tariffs in Saudi Arabia. The new tariffs will take effect at the beginning of January 2027, with their impact reflected in the financial statements from the first quarter of that year. The company said it is working to reduce energy consumption and improve operational efficiency to limit the increase in costs.
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