About First Mills

First Milling Company is a market-leading Saudi milling company engaged in the production of high-quality flour, feed, bran, and diverse flour derivatives. The Company operates four large-capacity mills strategically located in Jeddah, Qassim, Tabuk, and Al-Ahsa thereby covering all major regions of the Kingdom. Its Jeddah plant is the largest and is located in close proximity to the Jeddah Islamic Port along the main Red Sea international shipping corridor connecting the world’s Eastern and Western hemispheres. Its B2B customers include large industrial players, commercial bakeries, restaurants, and catering businesses, and its other customers include including wholesalers, modern and traditional trade customers, farms and feed distributors, and retail customers. As such, First Milling Company plays a fundamental role in maintaining the fabric of food security throughout the Kingdom.

Financial Performance Highlights

Revenue (As of 31 Dec 2023)
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Gross profit (As of 31 Dec 2023)
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Operating profit (As of 31 Dec 2023)
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Net Profit (As of 31 Dec 2023)
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Earnings per share (As of 31 Dec 2023)
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Divedned per share( The Second Half of the Year 2023)
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