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Nama Chemicals misses Q2 reporting deadline

Nama Chemicals misses Q2 reporting deadline

Namaa Chemicals Company announced that it is unable to publish its preliminary financial results for the second quarter of 2026, which include the first six months of the year, due to challenges in the audit process and the appointment of external auditors. The delay is attributed to the ongoing review of the annual financial statements for the year ending December 31, 2025, leading to a backlog in the preliminary financial results for the first quarter of 2026 and the resulting implications. The company is currently working to complete the appointment of an external auditor to review the results for the second, third, and fourth quarters as well as the entire year of 2026, with approval from the general assembly of shareholders. As a result, trading of the company's shares has been suspended since April 30, 2026, and the company affirms its commitment to transparency and to providing monthly updates on progress in releasing its financial results.

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