‎Raydan cuts accumulated losses to 35.8% of capital

‎Raydan cuts accumulated losses to 35.8% of capital ‎Raydan cuts accumulated losses to 35.8% of capital

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A Raydan Food branch

Raydan Food Co. said its accumulated losses were reduced to 35.8% of capital, reaching SAR 26.25 million, according to a statement to Tadawul.

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The reduction in accumulated losses is due to reduction of the company’s capital by 53.74% from SAR 158.08 million to SAR 73.14 million, to offset its accumulated losses, based on the approval of the company’s extraordinary general assembly meeting held on Nov. 2, 2025.

According to data available with Argaam, Raydan’s shareholders approved recently the board’s recommendation to reduce capital by 53.74% from SAR 158.08 million to SAR 73.14 million to restructure capital to amortize accumulated losses.

 

A Raydan Food branch

Raydan Food Co. said its accumulated losses were reduced to 35.8% of capital, reaching SAR 26.25 million, according to a statement to Tadawul.

The reduction in accumulated losses is due to reduction of the company’s capital by 53.74% from SAR 158.08 million to SAR 73.14 million, to offset its accumulated losses, based on the approval of the company’s extraordinary general assembly meeting held on Nov. 2, 2025.

According to data available with Argaam, Raydan’s shareholders approved recently the board’s recommendation to reduce capital by 53.74% from SAR 158.08 million to SAR 73.14 million to restructure capital to amortize accumulated losses.

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