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via argaam.comBusiness & Companies

Zoujaj expects 1.73% increase in cost of revenue following electricity tariff adjustment

FROM THE WIRE · ARGAAM.COM

The National Company for Glass Industries (Zoujaj) said it assessed the expected financial impact of the announced adjustments to electricity, water,

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishHigher electricity and utility costs weigh on the company's margins, so the impact on the stock is negative.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The National Company for Glass Industries (Zoujaj) said it assessed the expected financial impact of the announced adjustments.
  2. 02The announced adjustments cover electricity and water tariffs.
  3. 03The company expects a 1.73% increase in its cost of revenue.

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