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Almunajem Foods Flags Higher Operating Costs Due to Rising Utility Bills

MT Newswires·11/08/2026 05:23:38
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05:23 AM EST, 11/08/2026 (MT Newswires) -- Almunajem Foods (SASE:4162) expects annual operating costs to rise once new electricity and water service tariffs take effect on Jan. 1, 2027. The increase in Saudi Arabia-listed food company's costs will be 0.08% of its net revenue for 2025, according to the results of a preliminary assessment published on Sunday. The impact will be included in the company's financials from the first quarter of 2027.