Kamase Raises Foundry and Industrial Sand Prices by About 25 Percent; the Product Made Up All of Last Year's Sales

Kamase (Tamin Maseh Rikhtegari) said in a group-A Codal disclosure that its board, under a resolution dated 21 Mehr 1405 (13 October 2026), approved an average price increase of about 25 percent on the company's products from that date. The stated reasons are the general rise in prices and growth in the cost of the product.

According to the form's fields, the price of foundry and industrial sand rose from 41,518 to 51,898 (in the unit recorded on the Codal form), which is 25 percent higher. The form puts this product's share of the company's total revenue in the last financial year at 100 percent, so the increase touches the whole of its revenue base. The final financial effect will depend on sales volumes and customer response in the coming months.

Kamase shares closed on Tuesday 13 October 2026 down 1.93 percent at 6,090 rials. The company announced the increase after its 4 October assembly approved a cash dividend of 20 rials per share.