“Mayar Holding” incurred losses of 15.25 million riyals in the first half

Mayar Holding Company turned for a loss in the first half of 2025 with 15.25 million riyals, compared to profits of 1.75 million riyals in the same period last year. "Saudi Arabia trading"The reason for achieving a net loss during the current period compared to a net profit during the similar period of the previous year is due to:
revenue decreased by 8.5 %, which resulted from:

fodder sales decreased, and this is mainly attributed to pressure on the prices of feed products. Compared to the similar period of the previous year. The administrative is due to the companies that are acquired in the elevator sector during the second half of the year 2024, and work is underway to integrate some departments to reduce costs and improve productivity during the coming period. 5%.

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