Riyadh — Mubasher: Saudi Automotive Services Company (SASCO) anticipates a rise in its operating costs following official decisions to adjust electricity and water consumption tariffs, according to a bourse filing.
The company stated that the new tariff structure is scheduled to take effect on 1 January 2027.
In response to these regulatory changes, the firm is currently conducting a comprehensive study to evaluate the specific financial impact on its business operations.
SASCO noted that it will provide further updates to shareholders as more details regarding the material effect of these adjustments become available.
The announcement follows the issuance of decisions regarding the modification of utility prices, which are expected to influence the cost base of the company's service stations and maintenance facilities across the Saudi Arabia.
SASCO further stated it remains committed to assessing the long-term implications of these changes on its financial performance and will disclose any significant developments in due course.
