First Milling Co.

Saudi Stock Exchange 2283.SR

First Milling Co. Goodwill for the year ending December 31, 2023: USD 290.40 M

First Milling Co. Goodwill is USD 290.40 M for the year ending December 31, 2023, a 0.22% change year over year. Goodwill is the value attributed to intangible assets, such as brand reputation or customer relationships, acquired in a business combination.
  • First Milling Co. Goodwill for the year ending December 31, 2022 was USD 289.77 M, a 0.00% change year over year.
  • First Milling Co. Goodwill for the year ending December 31, 2021 was USD 0.00.
Key data
Date Goodwill Total Assets Current Liabilities Total Non-Current Liabilities
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SV Wall Street
Saudi Stock Exchange: 2283.SR

First Milling Co.

CEO Mr. Abdullah Abdul-Aziz Abdullah Ababtain
IPO Date June 22, 2023
Location Saudi Arabia
Headquarters Jeddah Islamic Port
Employees 716
Sector Consumer Staples
Industries
Description

First Milling Company produces and sells flour products in the Kingdom of Saudi Arabia. It provides premium flour for use in confectionary and functional baking; bakery flour to make Arabic bread, and other traditional and western baking products; whole wheat flour for making whole meal bread; and superior wheat flour for use in traditional meals. The company also offers pastry and pizza flour products; and livestock fattner, lambs feed, horse feed, pigeon feed, and dairy cattle feed products. In addition, it provides various wheat derivative products, primarily bran for animals; and edible bran products. The company offers its products under the Aloula, Naffa'a, and First Mills names. It serves industrials, bakeries, restaurants, and catering businesses, as well as wholesalers, modern and traditional trade customers, farms and feed distributors, and retail customers. First Milling Company was founded in 1972 and is headquartered in Jeddah, the Kingdom of Saudi Arabia.

StockViz Staff

January 31, 2025

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