The accumulated losses reach 27 % of the capital

Namaa Chemical Company announced that its accumulated losses reached 27% of the capital of 235,200,000 million riyals.
The company said in a statement on Saudi Arabia’s circulation: This is based on the uninterrupted financial results for the month of April, which was closed on 11/21/1446 AH corresponding to 05/19/2025 AD.
She added that the date of the loss of losses 1446-11-02 corresponding to 2025-04-30, while the accumulated losses of 63,504,230 riyals.
According to the company, the main reasons for the accumulated losses are mainly due to the delay in the arrival of raw materials and the limited sources of working capital financing.
In addition to the effect of stopping production in factories in order to conduct periodic maintenance in April 2025 (which was previously announced).