Riyadh-Mubasher: Chemanol recorded SAR 15 million in net losses during the first three-month period of 2015, against SAR 42.2 million earnings a year earlier, due to low product prices which led to a 15% fall in sales.

The chemical producer also posted net losses of SAR 18.21 million in the previous quarter on a decline of around SAR 5 million in financing expenses.