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Nama delays Q3 results
Nama Chemicals Company announced that it will be unable to publish its preliminary financial results for the period ended September 30, 2026, within the statutory deadline because the review of its 2025 results and the periods ended March and June 2026 has not been completed. The delay is also due to the completion of a SAR 200 million capital injection by Fad Al-Oula Industrial Company as part of an investment in Jana, which will reduce the Company’s ownership stake by 40%. Other factors include loan restructuring procedures, obtaining SAR 140 million in working capital financing, and reviewing the impairment provision. The Company said these factors have a material impact 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 the Company’s shares may be suspended, and the Company will announce updates on a monthly basis.
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