| Element List | Explanation |
|---|---|
| Introduction | With reference to Raydan Food Company’s announcement on the Tadawul website dated 03-11-2025 regarding the results of the Extraordinary General Assembly meeting that included the reduction of capital held on 02-11-2025, Raydan Food Company is pleased to announce to its esteemed shareholders that its accumulated losses have decreased to 35.8% of the company’s capital. |
| Date of accumulated losses decrease | 2025-11-02 Corresponding to 1447-05-11 |
| Amount of the Accumulated Losses | SAR 26,249,245 |
| Percentage of the Accumulated Losses out of the Capital (%) | 35.8 % |
| Measures Taken by the Company to Decrease Accumulated Losses | The reduction in accumulated losses is due to reduction of the company’s capital from SAR 158,084,670 to SAR 73,136,030, representing a reduction of 53.736% to offset its accumulated losses, based on the approval of the Extraordinary General Assembly meeting held on 02-11-2025. |
| The external auditor’s report clarifying the financial position of the company | The external auditor’s report clarifying the financial position of the company |