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First Mills revenue climbs for first half of 2023

First Milling records $125m H1 revenue

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 Records Sar 470 Million H1 2023 Revenue Amid Continued Execution Of Growth Strategy

First Milling Company Records Sar 470 Million H1 2023 Revenue Amid Continued Execution Of Growth Strategy
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Saudi: First Milling records $125mln H1 revenue

Saudi: First Milling records $125mln H1 revenue
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First Mills and its integral role in promoting food security in Saudi Arabia

Food is a fundamental necessity for humanity, intricately interwoven with the progress and development of civilisation. The world s rapid growth has increased the demand for food, but factors like climate change, conflicts, and natural disasters have caused scarcity. Adapting to new realities, the milling industry has emerged as a pivotal stakeholder, aiding governments in attaining food security and providing vital support to the local communities they serve. In the arid climate of Saudi Arabia, the harsh environment imposes significant constraints on agricultural productivity, and the issue of food availability and accessibility takes on an even greater urgency. First Mills, a leading force in the domestic milling industry, has played an instrumental role in bolstering the kingdom’s food security and accessibility. The company accomplishes this by producing a diverse range of high-quality products, including flour, feed, bran, and various flour derivatives. With four strategically

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