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Source: معلومات مباشر
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Namaa Chemicals Company announced that it was unable to publish its preliminary financial results for the period ended September 30, 2026, within the statutory deadline because the review of results for previous financial periods had not been completed. The delay is due to the procedures relating to FAD Al Oula Industrial Company’s SAR 200 million investment in Jana Company, and the resulting reduction in the ownership stake to 40%. It also relates to completing the restructuring of loans, obtaining SAR 140 million in working-capital financing, and reviewing the impairment provision. The company said these matters have a material effect on the assessment of its financial position and cash flows. It is working with the relevant parties and its external auditor to complete the requirements. Trading in its shares may be suspended, and the company has undertaken to announce updates on a monthly basis.
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