Methanol Chemicals Company

2001

SA124060V8H1

Diversified Chemicals

End-of-day quote Saudi Arabian S.E. Other stock markets 06:00:00 2024-04-17 pm EDT			5-day change	1st Jan Change
17.38 ^SAR	+0.23%		-0.80%	-13.96%

Mar. 25	Methanol Chemicals Company Reports Earnings Results for the Full Year Ended December 31, 2023	CI
Mar. 17	Chemanol Swings to Loss in FY23; Revenue Declines	MT

Methanol Chemicals Company Reports Earnings Results for the Second Quarter Ended June 30, 2021

August 11, 2021

Methanol Chemicals Company announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was SAR 228,297 compared to SAR 98,501 a year ago. Net income was SAR 60,165 compared to net loss of SAR 31,283 a year ago.

Latest news about Methanol Chemicals Company

Methanol Chemicals Company Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 24	CI
Chemanol Swings to Loss in FY23; Revenue Declines	Mar. 17	MT
Saudi Arabia's Methanol Chemicals Names CEO	Mar. 07	MT
Methanol Chemicals Company Appoints Sabri Abdullah Al-Ghamdi as Chief Executive Officer	Mar. 06	CI
Methanol Chemicals Company completed the acquisition of 84% of Addar Chaddar Chemicals Company.	Feb. 26	CI
Saudi Arabian companies warn Aramco fuel price hike may curb earnings	Jan. 04	RE
Saudi Arabian companies warn Aramco fuel price hike may curb earnings	Jan. 04	RE
Methanol Chemicals Company Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 09	CI
Methanol Chemicals Company Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-12	CI
Methanol Chemicals Company has signed a binding offer to acquire 84% of Addar Chaddar Chemicals Company.	23-06-18	CI
Methanol Chemicals Company has signed a binding offer to acquire 80% of Global Company for Chemical Industries Ltd. from Addar Group.	23-06-18	CI
Methanol Chemicals Company Reports Earnings Results for the First Quarter Ended March 31, 2023	23-05-21	CI
Methanol Chemicals Company Reports Earnings Results for the Full Year Ended December 31, 2022	23-01-14	CI
Methanol Chemicals Company Reports Earnings Results for the Third Quarter Ended September 30, 2022	22-11-08	CI
Methanol Chemicals Company Reports Earnings Results for the Third Quarter Ended September 30, 2022	22-11-08	CI
Methanol Chemicals Company Signs Memorandum of Understanding	22-11-06	CI
Methanol Chemicals Company Announces the Appointment of Abdullah Abdulrahman Bu-Ali as A Member of the Audit Committee	22-10-19	CI
Methanol Chemicals Co. Announces an Update on the Non-Binding Memorandum of Understanding Signed with Global Company for Downstream Industries for Supplying Methanol & Exploring Future Opportunities in the Field of Petrochemical Products	22-10-16	CI
Methanol Chemicals Company Appoints Habes Yaseen Al Shammary as Chief Operation Officer	22-09-01	CI
Methanol Chemicals Co. Announces Resignation of Ali Mohamed Al-Asiri as Chief Executive Officer	22-08-31	CI
Methanol Chemicals Company Reports Earnings Results for the Second Quarter Ended June 30, 2022	22-08-20	CI
Methanol Chemicals Company Announces Appointment of Sabri Abdullah Al-Ghamdi as Managing Director	22-08-03	CI
Methanol Chemicals Co. Announces Executive Changes	22-07-25	CI
Methanol Chemicals Company Reports Earnings Results for the First Quarter Ended March 31, 2022	22-05-19	CI
Methanol Chemicals Company Reports Earnings Results for the Full Year Ended December 31, 2021	22-03-08	CI

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Company Profile

Methanol Chemicals Company SJSC (CHEMANOL) is a Saudi Arabia-based joint stock company engaged in the production and distribution of petrochemical products. CHEMANOL manufactures grade methanol derivatives, such as aqueous and urea formaldehydes, formaldehyde derivatives, super plasticizers and various amino resins, which are used in agricultural fertilizers, pharmaceuticals, solvents, intermediates, laminates/wood industry, plastics, paper and concrete admixtures. The Companyâs product range includes aqueous formaldehyde solutions, urea formaldehyde concentrate, hexamethylene tetramine, paraformaldehyde, urea formaldehyde powder resin, melamine formaldehyde powder resin, melamine urea powder resin, sulphonated naphthalene formaldehyde liquid, sulphonated naphthalene formaldehyde powder, sulphonated melamine formaldehyde liquid, methanol, carbon monoxide, monomethylamine, pentaerythritol and sodium formate.

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Diversified Chemicals

Calendar

2024-04-28 - Q1 2024 Earnings Release (Projected)

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Analysts' Consensus

Sell

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Mean consensus

SELL

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Last Close Price

17.38 SAR

Average target price

16 SAR

Spread / Average Target

-7.94%

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Sector Diversified Chemicals

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Diversified Chemicals