Raydan losses are exacerbated by 755% to 10.5 million riyals in the second quarter

The net losses of the Raydan Food Company during the second quarter of 2025 exacerbated by 755% to 10.54 million riyals, compared to losses of 1.23 million riyals in the same quarter of the previous year. "Saudi Arabia trading"Today, Monday, its net losses for the first half of this year increased to 18.4 million riyals, compared to losses of 4.9 million riyals, in the same half of the previous year, an increase of 322%. While the company attributed the reasons for the losses during the first half of 2025 to the sales season, and the company’s lack of Hajj contracts this year. "Ridan food" To reach its accumulated losses to 95.5 million riyals, by 60.41 % of the capital, based on the initial financial results ending June 30, 2025.