-+ 0.00%
-+ 0.00%
-+ 0.00%
Chemanol's H1 Attributable Net Loss Narrows; Revenue Falls
Share
Listen to the news
01:26 AM EDT, 09/08/2026 (MT Newswires) -- Methanol Chemicals Co. (SASE:2001), d/b/a Chemanol, said Tuesday its attributable net loss for the first half decreased, while revenue declined year over year. Net loss attributable to shareholders of the issuer for the six months ended June 30 was 81.6 million Saudi riyals, compared with a net loss of 381.7 million riyals a year ago. Loss per share moved to 1.21 riyals from 5.66 riyals. The Saudi Arabia-listed methanol and derivatives producer's revenue was 272.3 million riyals, compared with 315.6 million riyals earlier.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending