On May 12, 2026, Raydan Food Co. announced that its accumulated losses have reached 84.9% of its capital, totaling SR 62,101,186, based on quarterly financial results ending March 31, 2026. The losses were attributed to low sales, reduced revenues from contracts and franchises, absence of Hajj contracts, depreciation expenses, and losses from associate company investments. The company plans to implement restructuring measures including operational restructuring, diversifying restaurant products, focusing on catering services, and expanding franchise operations geographically. The board must publish recommendations regarding the losses by May 30, 2026, and convene an extraordinary general meeting by September 27, 2026, to consider the company's continuation in compliance with Saudi Companies Law Article 132.

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