The Management of Phoenix Power Company SAOG (the “Company”) would like to inform the Financial Services Authority, Muscat Stock Exchange, and the investor community that it has conducted an initial assessment of the recently announced changes in US tariffs. Based on this preliminary review, the Company does not anticipate any impact on its transactions or operations as a result of these changes.
However, a more detailed assessment is currently underway. The Company will keep investors informed should any potential impact be identified.
We thank you for your continued trust and support.
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Ahmed Al Abri
Chief Financial Officer / Disclosure Officer