Mayar Holding Clears SAR 45.7M Accumulated Losses Entirely
MAYAR 9568.SA | 0.00 |
On August 16, 2026, Mayar Holding Company announced that its accumulated losses decreased to SAR 0, representing 0% of its share capital, as of June 30, 2026, down from SAR 45.7 million (76.2% of share capital) as of December 31, 2025. The reduction was primarily driven by financial support of SAR 70.8 million provided by the Company's major shareholder during the period. In addition, the Executive Management, under the Board of Directors' directives, is actively working to improve operational efficiency and rationalize costs to further enhance the Company's profitability.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=97629&anCat=1&cs=9568&locale=arAttached PDF document link:
https://www.saudiexchange.sa/Resources/fsPdf/15710_4246_2026-08-13_17-59-59_en.pdfImportant Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.