Abdullah Ababtain News Today

First Milling Company, a market-leading Saudi milling firm, has seen its FY 2023 net profit rise 1.25% to SR220.2 million and register net profit margin of 22.8% in FY 2023 and 23.3% in Q4 2023, driven by strong growth in flour sales.

Saudia Arabian company sees net profit grow 1.2%

Growth in flour segment helped revenue grow

First Milling Company, a market-leading Saudi milling company, has announced its financial performance for the first nine months (9M) and third quarter (Q3) of 2023.

Jeddah, Saudi Arabia - First Milling Company (the “Company”, or “First Mills”), a market-leading Saudi milling company, today unveiled a new documentary...

First Milling Company, a market-leading Saudi milling company, said

Saudi company sees 4.5% increase to SAR 470 million year over year.

First Milling Company, a market-leading Saudi milling company, said it achieved a 4.5% year-on-year (YoY) growth in sales in H1 2023, generating a total revenue of SAR470 million ($125.28 million).

First Milling Company, a market-leading milling firm in Saudi Arabia, has listed its shares on the Main Market of the Saudi Exchange following the successful completion of its initial public offering of shares (IPO).

Company had an IPO earlier this month.