Arabian Cement says coronavirus measures may impact operations

14/04/2020 Argaam

 

Arabian Cement Co. said the Kingdom's precautionary measures to curb the COVID-19 outbreak will likely impact the operations and financial statements of the company, as well as its subsidiaries and associates, according to a bourse statement.

 

However, it is difficult to determine the relevant financial impact at present, the statement added.

 

"These temporary measures will unlikely have a material impact on operations as well as plans," the company said in its statement, adding that any updates will be announced in due course.

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