Riyadh – Mubasher: Al Battal Chemical Industries Factory Company (Al Battal Factory) has received an additional insurance payment of SAR 1.65 million on 4 November 2026, according to a bourse disclosure.
The obtained amount is part of an ongoing claim related to a fire that occurred at one of the company’s Dammam factory facilities on 4 July 2025.
The latest disbursement follows a series of payments toward a total assessed claim value of SAR 21.83 million.
Previous installments included an advance payment of SAR 6 million and a subsequent payment of SAR 6.35 million received on 23 August 2026.
Prior to this latest collection, the remaining balance of the claim stood at SAR 9.48 million.
Following the receipt of this SAR 1.65 million installment, the net outstanding amount due to the company is SAR 7.83 million.
Al Battal Factory stated that the financial impact of this cash collection will be reflected in the company’s statement of cash flows for the second half (H2) of the 2026 fiscal year.
The listed company further confirmed it will disclose any new material developments regarding the remaining insurance settlement in accordance with regulatory requirements.
