Raydan Food Q2 loss widens to SAR 10.5 mln

Raydan Food Company reported on Monday losses of SAR 10.5 million for the second quarter of 2025, widening from a loss of 1.2 million riyals a year earlier, a 755% increase.

Operational losses rose to 15 million riyals from 5.4 million riyals in the same quarter last year.

For the first six months, the food services company posted a net loss of SAR 18 million, compared with a SAR 4.3 million loss a year earlier.

Loss per share stood at 1.16 riyals, versus 0.28 riyals in the year-ago period.