Nadec Flags Financial Impact of Higher Fuel Prices

01:48 AM EST, 01/05/2026 (MT Newswires) -- National Agricultural Development Co. (SASE:6010), d/b/a Nadec, expects the new fuel prices by Saudi Arabian Oil Co. (SASE:2222), d/b/a Saudi Aramco, to affect its operating costs. The adjusted fuel prices took effect Jan. 1, according to a Monday release. The agricultural company is still determining the financial impact, which it expects to record in its results from the first quarter. Nadec said its upcoming inclusion in the Industrial Sector Competitiveness Program could help mitigate the financial impact and improve its energy consumption.