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Najran Cement Company announces temporary suspension of its 2nd production line and resumption of 3rd production line

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Announcement Detail Najran Cement Company announces a temporary suspension of its second production line with capacity of 3,000 tons per day and resume operation of its third production line with production capacity of 6,500 tons per day effective from 01 July 2019 due to decrease in clinker inventory to levels commensurate with the company’s strategy. This will improve the operational efficiency of the Company. The expected direct financial impact as a result of this change on the financial year 2019 is a decrease in fixed costs by SR 5.7 million.

The Capital Market Authority and the Saudi Stock Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.

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