First Milling Co.

Saudi Stock Exchange 2283.SR

First Milling Co. Net Income Margin for the year ending December 31, 2023: 22.84%

First Milling Co. Net Income Margin is 22.84% for the year ending December 31, 2023, a -4.06% change year over year. Net Income Ratio, also known as the profit margin, is the ratio of net income to net sales, showing the percentage of revenue that remains as profit after all expenses are deducted.
  • First Milling Co. Net Income Margin for the year ending December 31, 2022 was 23.80%, a -3.93% change year over year.
  • First Milling Co. Net Income Margin for the year ending December 31, 2021 was 24.78%, a -6.92% change year over year.
  • First Milling Co. Net Income Margin for the year ending December 31, 2020 was 26.62%, a 36.28% change year over year.
  • First Milling Co. Net Income Margin for the year ending December 31, 2019 was 19.53%, a 9.66% change year over year.
Key data
Date Net Income Margin EBITDA Margin EBIT Margin EBITDA
Market news
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 Consumers Staples
Industries
Bread & Bakery Specialty Retail
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

February 11, 2025

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