Marafiq unveils expected financial impact following new tariffs

MARAFIQ
2083 -8.38% 40.22 -3.68 2P
7204.B 0.00% 0.00 0.00

Riyadh — Mubasher: Power and Water Utility Company for Jubail and Yanbu (Marafiq) has projected financial impact of revised electricity and water service tariffs, with the adjustments scheduled to take effect on 1 January 2027.

Following an internal study of the regulatory framework governing required revenue, the company expects the tariff changes to result in an increase of approximately 4% of its 2025 sales.

This disclosure follows a previous announcement made on 26 October regarding the planned implementation of the new pricing structure.

The new tariffs follow the governance procedures for energy and water product price amendments.

Marafiq confirmed that the financial impact of these tariff adjustments will begin to materialize in its financial statements starting from the first quarter (Q1) of 2027.

The company’s assessment is based on the current regulatory environment and the approved revenue requirements for its utility services.

Source: Mubasher Source: {{details.article.source}}