Should Kuwait Flour Mills be listed now
The article focused on the performance of Kuwait Flour Mills & Bakery Company, which achieved its highest profits in history in 2023, totaling 76.7 million Kuwaiti dinars, with sales reaching 708.5 million dinars. The company plays a strategic role in ensuring food security and stabilizing prices of basic commodities. Recently, it expanded its product range to include around 50 items, entering new fields such as coffee and sandwiches. During the COVID-19 pandemic, the company demonstrated the importance of its infrastructure in maintaining food supplies. Despite receiving government support, its success is not solely measured by profits; future evaluations should consider the possibility of listing on the Kuwait Stock Exchange, taking into account its unique nature that combines commercial activity with strategic governmental obligations.
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