Mayar Holding Co. announced on January 15, 2026, that its accumulated losses have reached 69.2% of its SAR 60 million capital, totaling SAR 41.53 million based on unaudited financial results as of December 31, 2025. The losses stem from decreased feed sales, declining elevator sector revenues, reduced profit margins, working capital deficits, increased administrative expenses, higher credit loss provisions, and rising financing costs. The board must publish recommendations by March 15, 2026, and call an Extraordinary General Assembly by June 22, 2026, to consider the company's continuation or dissolution, in accordance with Article 132 of the amended Companies Law.

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