110 Days
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KEMANOL shareholders discuss financial statements and auditor appointment on August 6
The Board of Directors of Methanol Chemicals Company (KEMACH) has invited shareholders to attend the Ordinary General Assembly Meeting on August 6, 2026, to discuss the annual performance report, approve the financial statements for 2025, and appoint a new auditor. The company recorded a loss of 542.2 million riyals in 2025, with accumulated losses exceeding half of its capital, facing financial and operational challenges. The company has a plan to improve performance through the transformation program and financial restructuring.
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