On August 17, 2026, Nama Chemicals Co. issued an addendum announcement on the Saudi Exchange regarding its continued inability to publish annual financial results for the period ended December 31, 2025. The company cited five key unresolved matters delaying the completion of audit procedures: the SAR 200 million injection by FAAD First Industrial Company into JANA (resulting in a 40% ownership reduction), pending Saudi Industrial Development Fund approval for loan restructuring, approval for SAR 140 million in working capital financing, completion of valuation work to reverse an impairment provision, and management's ongoing assessment of the going concern assumption. The company confirmed these factors have a material impact on its financial position and future cash flows, and stated it continues to work with relevant parties and its external auditor to complete requirements and publish the financial statements as soon as possible.

Original announcement:

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