80 Days
Source:
الاقتصادية
First Mills profits increase 28.3%
The First Mills Company’s profits increased by 28.3% in the second quarter of 2026, reaching 66 million riyals, with revenues rising by 26.7% to 301.3 million riyals. This growth was supported by improved operational performance and product diversification. The company recorded a 78.7% increase in profits in the feed sector and a 22.2% increase in flour products, with gross profit rising to 143.2 million riyals and operating profit to 86.4 million riyals. Despite a 17.7% decline in quarterly profit, this was due to seasonal effects and the return of normal demand after Ramadan, as the company continues to strengthen its presence in high-value-added sectors.
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