IssuerAnnouncementDetailsV2Portlet
Methanol Chemicals Company (Chemanol) Announces the Latest Material Developments Regarding its Inability to Post the Interim Financial Results for the Period Ended 31-03-2026 (Three Months)
| Element List | Explanation |
|---|---|
| Introduction | With reference to Methanol Chemicals Company’s (Chemanol) announcement published on Tadawul on 24/11/1447H, corresponding to 11/05/2026, regarding its inability to publish the interim financial results for the period ended 31/03/2026, the Company wishes to inform its shareholders of the continuation of this inability due to the non‑completion of the audit procedures for the annual financial statements for the financial year 2025 to date. Consequently, it is difficult to issue the financial statements for Q1 of the financial year 2026 prior to the completion of the annual financial statements. |
| Previous Announcement | Methanol Chemicals Company (Chemanol) Announces Its Inability to Post Interim Financial Results for the Period Ended 31-03-2026 (Three Months) |
| Date of Previous Announcement on Saudi Exchange’s Website | 2026-05-11 Corresponding to 1447-11-24 |
| Hyperlink to the Previous Announcement on the Saudi Exchange Website | Click Here |
| Latest Developments Of The Announced Event | The continued inability to publish the interim financial results for the period ending 31-03-2026, due to the non-completion of the audit procedures for the annual financial statements for financial year 2025 to date. |
| Reasons For The Delay on The Date of The Event Previously Announced | The non‑completion of the audit procedures for the annual financial statements for the financial year 2025 to date due to certain requirements that remain under review with the external auditor. |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | N/A |
| Delay consequences on the Company’s financial results | N/A |
| Additional Information | The procedures of suspending the trading of listed securities will continue to apply in accordance with the Listing Rules. Furthermore, Chemanol will provide monthly updates on any developments concerning its inability to publish the financial results and will promptly disclose any material developments as they occur. |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.