Kaynamoil reports 2025 losses
Methanol Chemicals Company "KEMALOL" experienced a decline in its profits during 2025, recording losses of 479.66 million Riyals compared to previous profits. The results were affected by an 11.85% decrease in revenues, a decline in sales volumes, and an increase in production costs. Additionally, its accumulated losses rose to 551.3 million Riyals, equivalent to 82% of its capital. The company is currently implementing a restructuring plan, including reducing its capital.
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