Mayar Holding Co. (9568)

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News

5 October 11:12 PM Mayar Holding board recommends reclassification of SAR 13.5m

Riyadh – Mubasher: Mayar Holding Company recently announced the recommendation of its board members to the General Assembly to approve the reclassification of SAR 13.59 million as of 30 June 2026 from the Additional Contributions account to the …

Board of Directors

20 August 04:41 PM Mayar Holding reduces accumulated losses following shareholder support

Riyadh — Mubasher: Mayar Holding Company has eliminated its accumulated losses, which previously stood at SAR 45.70 million, to Zero that represents 0% of capital as of 30 June 2026. The losses accounted for 76.2% of the company's capital as of 31 …

Company News

18 August 07:57 PM Mayar Holding’s net losses deepen in H1-26 amid supply chain disruptions

Riyadh — Mubasher: Mayar Holding Company reported a net loss of SAR 27.59 million during the first half (H1) of 2026, representing an 80.80% increase in losses compared to SAR 15.26 million in H1-25. The company’s loss per share widened to SAR …

Company News

12 August 01:15 PM Mayar Holding says CMA rejects SAR 500m Sukuk program

Riyadh — Mubasher: Mayar Holding Company announced that the Capital Market Authority (CMA) rejected its application to register and offer a public issuance of debt instruments. The proposed SAR 500 million convertible Sukuk program was intended to …

Sukuk and Islamic Finance

16 July 11:20 AM Mayar Holding’s subsidiary begins commercial production

Riyadh – Mubasher: Rasa Food Industries, a subsidiary of Mayar Holding Company, has officially begun commercial production at its manufacturing facility following the receipt of all necessary regulatory approvals. The subsidiary, which is 97.5% …

Company News

1 July 04:49 PM Mayar Holding discloses unconditional SAR 67.5m debt waiver from major shareholder

Riyadh – Mubasher: Mayar Holding Company has received a formal notification from its majority shareholder, Taya Holding Company, regarding the unconditional waiver of a substantial credit balance, according to a bourse disclosure. The waiver …

Company News

30 December 2025 03:24 PM Mayar Holding’s units pen SAR 88m financing with SAB

Riyadh – Mubasher: Gulf Elevators & Escalators Company and Jedaya Investment Company, subsidiaries of Mayar Holding Company, have signed facility agreements with Saudi Awwal Bank (SAB) at a total amount of SAR 87.98 million. The units aim to …

Banking and Finance

25 November 2025 11:13 AM Mayar Holding announces key appointments

Riyadh – Mubasher: Mayar Holding Company has appointed Thamer Abdullah Mohammed Alrayes as its Chairman and Turki Abdullah Mohammed Alrayes as its Vice Chairman. The board named the two officials for a four-year term ending on 20 November 2029, …

Board of Directors

15 April 2025 10:06 AM Mayar Holding’s accumulated losses hit 0% of capital

Riyadh – Mubasher: The accumulated losses of Mayar Holding Company reached 0% of its share capital, according to a burse disclosure. The decrease in accumulated losses was mainly attributed to the improvement in the company’s operational and …

Financial Results

13 March 2024 11:08 AM Mayar Holding’s Egyptian subsidiary inks EGP 840m contracts

Riyadh – Mubasher: Egypt Gulf Elevators and Escalators Company, a subsidiary of the Saudi Arabian Mayar Holding Company has signed two contracts with Total Air Projects Company with a total value of EGP 840 million. The contracts include supplying …

Real estate

4 February 2024 05:36 PM Mayar Holding’s subsidiary inks contract with US-based Hunter Industries

Riyadh – Mubasher: Saudi Drip Irrigation Company, a subsidiary of Mayar Holding Company, signed a contract with American firm Hunter Industries on 4 February 2024. Under the deal, Saudi Drip will manufacture Hunter Industries’ products for …

Companies Investments

22 January 2024 11:47 AM Mayar Holding withdraws capital raise request

Riyadh – Mubasher: Mayar Holding Company withdrew its capital increase file due to additional requirements imposed by the Capital Market Authority (CMA). The firm indicated that it plans to fulfill the requirements and resubmit the application as …

Management Decisions

27 December 2023 05:14 PM Mayar Holding seeks capital raise, pens NEOM contract

Riyadh – Mubasher: Mayar Holding Company submitted a request file to the Capital Market Authority (CMA) for approval to increase the company's capital by SAR 110 million through a rights issue. The listed firm will announce further developments …

Management Decisions

22 June 2023 02:55 PM Mayar Holding posts 96% lower net profits in 2022

Riyadh – Mubasher: Mayar Holding Company logged net profits after Zakat and tax amounting to SAR 800,000 in 2022, lower by 95.72% than SAR 18.70 million in 2021. The Saudi firm generated SAR 413.8 million in revenue as of 31 December 2022, up …

Financial Results