Riyadh – Mubasher: Methanol Chemicals Co. (Chemanol) said its draft financial statements for physical year 2015 and Q1 2016 is ready according to IFRS requirement in addition to the financial statements issued according to SOCPA.
Chemano ruled out any major impact on the financial statements as a result of implementation of IFRS.
Meanwhile, the company stated that the financial statements will be available on its website starting from 4 September 2016.