Money and business

The losses of “Keimnol” are exacerbated by 1411% to 427.3 million riyals in the second quarter


The losses of methanol chemists in the second quarter of 2025 were exacerbated by 1410.8% to 427.26 million riyals, compared to losses of 28.28 million riyals in the same quarter of last year. "Saudi Arabia trading"The main reasons for the high operational losses of the parent company (Keimalol) during the current quarter, which amount to 41.4 million riyals (represent 9.7% of the total losses of the current quarter, which amounts to 427.3 million riyals) compared to the similar quarter of the previous year to:


She noted the registration of this effect after assessing the refundable amount of these assets, which showed a decrease as a result of the continued losses of the two companies. In the previous quarter, the sale rates decreased by 8%. They are acquired compared to the previous quarter to:

– the group’s losses were affected by the financial performance of the two companies affiliated with (the International Chemical Industries Company and the Dar Chemical Company) that were acquired during the previous board of directors, where they recorded a total loss of 12.2 million riyals during the current quarter compared to 10.6 million riyals in the previous quarter. The losses are also due to the registration:

– expenses of decrease in the value of the assets of the two companies affiliated with (the International Chemical Industries Company and the Dar Chemical Company) in the amount of 279.3 million riyals./>
Noting the recording of this effect after assessing the refundable amount of these assets, which showed a decrease as a result of the continued losses of the two companies. One million riyals) Compared to the similar period from the previous year to:

– average average sale rates by 12%. The similar period of the previous year, which amounted to 39 million riyals. The house) that were acquired during the previous board session, where they recorded a total loss of 22.1 million riyals during the current period compared to 13.5 million riyals in the same period in the previous year. Additional allocations of 94.5 million riyals related to amounts due to Keimal on the two companies affiliated with their support for them in the working capital and values.

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