First Milling Co. (2283)

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News

28 October 12:02 PM First Mills posts 10% growth in 9M-25 net profits

Riyadh - Mubasher: First Milling Company (First Mills) registered an annual rise of 9.87% in net profits to SAR 202.72 million during the first nine months (9M) of 2025, compared to SAR 184.50 million. Revenues climbed by 3.54% to SAR 807.63 …

Financial Results

18 September 09:56 AM First Mills to acquire majority stake in Kenan Arabian for SAR 48m

Riyadh - Mubasher: First Milling Company (First Mills) signed a binding agreement to acquire 60% of Kenan Arabian Trading Company for SAR 48 million on 15 September. Subject to regulatory approvals and customary conditions, the transaction covers …

Companies Investments

22 June 12:49 PM First Milling inks SAR 69.5m financing deal with SIDF

Riyadh - Mubasher: First Mills Company has signed a SAR 69.40 million financing facility agreement with the Saudi Industrial Development Fund (SIDF), according to a bourse filing. The funding aims to support the company's capital expenditure for …

Companies Investments

24 April 09:30 AM First Mills records 2.5% higher profits in Q1-25

Riyadh – Mubasher:  First Milling Company (First Mills) achieved 2.49% higher net profits at SAR 79.66 million in the first quarter (Q1) of 2025, compared to SAR 77.72 million. The revenues increased by 2.58% year-on-year (YoY) to SAR 283.59 …

Financial Results

22 April 09:56 AM First Mills secures SAR 630m loan from SAB

Riyadh – Mubasher:  First Milling Company (First Mills) penned a long-term sharia-compliant bank facility agreement worth SAR 630 million with the Saudi Awwal Bank (SAB) on 20 April 2025. First Mills will use the loan to support its commercial and …

Banking and Finance

13 March 03:15 PM First Mills’ board announces SAR 1.29/shr dividend for H2-24

Riyadh – Mubasher: The board members of First Milling Company (First Mills) decided in their 12 March 2025 meeting to distribute cash dividends amounting to SAR 71.59 million for the second half (H2) of 2024. First Mills will pay SAR 1.29 per …

Management Decisions

19 February 08:45 PM First Mills logs SAR 251m net profits in 2024

Riyadh – Mubasher:  First Milling Company (First Mills) generated a 13.94% year-on-year (YoY) hike in net profit to SAR 250.90 million during 2024, compared to SAR 220.20 million. The revenues hit SAR 1.04 billion as of 31 December 2024, up 8.77% …

Financial Results

24 December 2024 05:06 PM First Mills to boost production capacity via SAR 123m new flour unit

Riyadh – Mubasher: The board of First Milling Company (First Mills) approved, on 23 December, the construction of a new flour milling unit (Mill C) at its Al Qassim Plant for nearly SAR 123 million. This strategic expansion will increase the …

Companies Investments

22 October 2024 09:41 AM First Mills witnesses 13.5% rise in 9M-24 interim financials

Riyadh – Mubasher: The net profits of First Milling Company (First Mills) climbed by 13.40% to SAR 184.50 million in the first nine months (9M) of 2024 from SAR 162.70 million in 9M-23. The revenues hit SAR 780 million in the January-September …

Financial Results

23 July 2024 10:45 AM First Mills records SAR 123m profits in H1-24; dividends unveiled

Riyadh – Mubasher: First Milling Company (First Mills) witnessed a 13.40% year-on-year (YoY) rise in net profit to SAR 123.22 million during the first half (H1) of 2024, compared to SAR 108.66 million. The revenues stood at SAR 518.79 million in …

Financial Results

27 June 2024 11:58 AM First Mills inks SAR 150m facility deal with SIDF

Riyadh – Mubasher: First Milling Company (First Mills) penned a financing facility agreement worth SAR 150 million with the Saudi Industrial Development Fund (SIDF) on 25 June 2024. The facility deal will support the company’s working capital and …

Companies Investments

23 April 2024 05:13 PM First Mills’ profit rises 5% YoY in Q1-24

Riyadh – Mubasher: The net profit of First Milling Company (First Mills) grew 5.37% year-on-year (YoY) to SAR 77.72 million during the first quarter (Q1) of 2024 from SAR 73.75 million in the comparative period of 2023. Revenues rose 8.17% YoY to …

Financial Results

17 March 2024 01:06 PM First Mills launches food products company

Riyadh – Mubasher: First Milling Company (First Mills) has established a new limited liability company to support its future business expansion and fulfil strategic objectives with a capital of SAR 100,000. The new firm will be named First Food …

Companies Investments

11 March 2024 11:52 AM First Mills’ net profit edges higher 1% YoY in 2023; dividends date released

Riyadh – Mubasher: The net profit of First Milling Company (First Mills) inched higher by 1.24% year-on-year (YoY) to SAR 220.20 million in 2023 from SAR 217.50 million. Revenues grew 5.54% YoY to SAR 964.30 million last year from SAR 913.60 …

Cash Dividends

1 November 2023 07:32 PM First Mills’ net profits drop 17.5% in 9M-23

Riyadh – Mubasher: The net profits after Zakat and tax of First Milling Company (First Mills) decreased by 17.49% year-on-year (YoY) to SAR 162.70 million in the first nine months (9M) of 2023, compared to SAR 197.19 million.  The company’s …

Financial Results

31 July 2023 03:35 PM First Mills unveils H1-23 financial statements, dividends

Riyadh – Mubasher: The net profits after Zakat and tax of First Milling Company (First Mills) declined by 18.73% year-on-year (YoY) to SAR 108.66 million in the first half (H1) of 2023 from SAR 133.70 million. First Mills posted revenues amounting …

Financial Results

5 July 2023 08:40 AM First Mills posts higher profits in Q1-23 initial financials

Riyadh – Mubasher: First Milling Company (First Mills) logged net profits after Zakat and tax amounting to SAR 73.75 million in the first quarter (Q1) of 2023, up 1.80% from SAR 72.45 million in Q1-22. Revenues climbed by 5.44% to SAR 255.54 …

Financial Results