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 million in 9M-25 from SAR 780 million in the same period last year, according to the financial results

Earnings per share (EPS) reached SAR 3.67 in the January-September 2025 period when compared to SAR 3.34 in 9M-24.

Financial Results of Q3

In the third quarter (Q3) of 2025, First Mills generated net profits valued at SAR 71.65 million, signaling a 16.93% increase from SAR 61.27 million in Q3-24.

The Tadawul-listed firm reported 9.59% higher revenues at SAR 286.26 million in Q3-25, versus SAR 261.21 million a year earlier.

Quarter-on-quarter (QoQ), the Q3-25 net profits surged by 39.39% from SAR 51.40 million in Q2-25, while the revenues hiked by 20.39% compared to SAR 237.76 million.

In September, First Mills signed a binding agreement to acquire a 60% stake in Kenan Arabian Trading Company for SAR 48 million.