Nama Chemicals Co. reported a net profit of SAR 36.9 million in the first nine months of 2025, versus a loss of SAR 29.3 million in the same period a year earlier.
| Item | 9m 2024 | 9m 2025 | Change |
|---|---|---|---|
| Revenues | 283.03 | 138.57 | (51.0 %) |
| Gross Income | (38.56) | (108.44) | (181.2 %) |
| Operating Income | (91.29) | (150.66) | (65.0 %) |
| Net Income | (29.31) | 36.86 | 225.7 % |
| Average Shares | 23.52 | 23.52 | - |
| Earnings Per Share before unusual items (Riyals) | (4.92) | (7.32) | (48.9 %) |
| EPS (Riyal) | (1.25) | 1.57 | 225.7 % |
The company attributed turning to profitability to the reversal of impairment on the plant, machinery, and equipment, as well as lower cost of sales mainly due to the reduction in sales quantity.
Moreover, selling & distribution expenses fell due to the decrease in quantities sold, general and administrative (G&A) expenses declined due to SAP support & license fees, and finance charges fell due to the settlement of loans.
| Item | Q3 2024 | Q3 2025 | Change |
|---|---|---|---|
| Revenues | 96.40 | 44.77 | (53.6 %) |
| Gross Income | (20.85) | (44.07) | (111.4 %) |
| Operating Income | (38.19) | (57.75) | (51.2 %) |
| Net Income | (48.08) | (61.62) | (28.2 %) |
| Average Shares | 23.52 | 23.52 | - |
| Earnings Per Share before unusual items (Riyal) | (2.04) | (2.62) | (28.2 %) |
| EPS (Riyal) | (2.04) | (2.62) | (28.2 %) |
| Item | Q2 2025 | Q3 2025 | Change |
|---|---|---|---|
| Revenues | 27.79 | 44.77 | 61.1 % |
| Gross Income | (39.64) | (44.07) | (11.2 %) |
| Operating Income | (52.74) | (57.75) | (9.5 %) |
| Net Income | 148.00 | (61.62) | (141.6 %) |
| Average Shares | 23.52 | 23.52 | - |
| Earnings Per Share before unusual items (Riyal) | (2.60) | (2.62) | (0.9 %) |
| EPS (Riyal) | 6.29 | (2.62) | (141.6 %) |
The chemical producer’s net loss widened to SAR 61.62 million in Q3 2025 from SAR 48.1 million a year ago.
Sequentially, the company turned to losses against a profit of SAR 148 million from Q2 2025.
Shareholders’ equity, with no minority interest, reached SAR 280.9 million by the end of 9M 2025, from SAR 200.27 million in the year-earlier period.
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