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via argaam.comBusiness & Companies

Leejam expects 1.5-2% higher cost of revenue on new utility prices

FROM THE WIRE · ARGAAM.COM

Leejam Sports Co. announced the expected financial impact of the decision issued by the competent authorities to amend the commercial electricity and

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishHigher operating costs from new electricity tariffs reduce the company's expected margins.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Leejam Sports announced the expected financial impact of a decision on commercial electricity tariffs.
  2. 02Its cost of revenue is expected to rise between 1.5% and 2%.
  3. 03The increase stems from the utility price change decided by the competent authorities.

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