| Element List | Explanation |
|---|---|
| Introduction | Nama Chemicals Company announces its inability to publish its new financial results for the period ending 30-06-2026 (Six months) on the Saudi Stock Exchange (Tadawul) website within the statutory period. |
| The reason and obstacles for the inability to post the financial results within the legal period | The primary reason for the delay in publishing the interim financial results for the six-month period ended 30 June 2026 is the incomplete review of the annual consolidated financial statements for the year ended 31 December 2025, as well as the interim financial statements for the three-month period ended 31 March 2026 (Three months). The Company is currently taking the necessary steps to appoint an external auditor for the second, third, and fourth quarters and the annual financial statements for the fiscal year 2026, as well as the first quarter of 2027, through the General Assembly, which will be announced in due course. |
| A timetable for the procedures taken or to be taken by the company to post the financial results | The company is working to finalize the financial statements with the external auditor and will publish them as soon as they are approved |
| The expected date for posting the financial results | The company is working to finalize the financial statements with the external auditor and will publish them as soon as they are approved |
| The date of suspending the trading of listed securities | 2026-04-30 Corresponding to 1447-11-13 |
| Additional Information | The Company confirms that it is working diligently with all relevant stakeholders to address the existing operational and financial challenges in a manner that ensures the continuity of its business operations and safeguards the interests of its shareholders and all other stakeholders. The Company will disclose any material developments in due course in accordance with the applicable laws, regulations, and relevant instructions. The company would like to clarify that the procedures for suspending trading of listed securities will be applied in accordance with the listing rules. The company also will announce any subsequent developments regarding its inability to publish financial results on a monthly basis, while committing to announcing without delay any material developments |
Nama Chemicals Co. announces its inability to post interim financial results for the period ended on 2026-06-30(Six Months)
AI Summary
- Nama Chemicals Co. announced its inability to publish interim financial results for the six-month period ending June 30, 2026, within the required statutory timeframe.
- The delay is primarily driven by the incomplete review of the company's 2025 annual consolidated financial statements and the interim results for the first quarter of 2026.
- To resolve the reporting backlog, the company is seeking General Assembly approval to appoint an external auditor for the remaining quarters of 2026 and the first quarter of 2027.
- Trading of the company's securities remains suspended as of April 30, 2026, while management works to address operational and financial challenges to ensure business continuity and safeguard shareholder interests.
