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Saudi First Mills' net profit at SR220.2m as expanded product category helps

Dubai: One of Saudi Arabia’s biggest food businesses, First Mills recorded SR220.2 million in 2023 net profit, up 1.3 per cent, and helped by churning out SR964.3 million in sales (against SR913.6 million in 2022). The net profit margin came to a healthy 22.8 per cent, though down on 2022’s 23.8 per cent. The revenues gains were heled by the
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Source: wn.com

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