Mayar Holding Subsidiary Rasa Food Begins Commercial Production

MAYAR

MAYAR

9568.SA

0.00

Mayar Holding Company announced on July 16, 2026 that its subsidiary, Rasa Food Industries Co. (97.5% owned), has commenced commercial production following receipt of all required regulatory approvals. The subsidiary will produce frozen shawarma skewers, fresh shawarma, and chicken tenders under its "Grillio" brand, with a total production capacity of up to approximately 1,000 tons per month, alongside other products. The company anticipates that the commencement of commercial production will have a positive impact on its financial results in the second half of 2026.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=96826&anCat=1&cs=9568&locale=ar

Note: The original announcement does not explicitly specify a currency unit. Figures above are reproduced as-is. Please refer to the original announcement for details.

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