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First Milling Company A Saudi Closed Joint Stock Company (Saudi Arabia)

Main Activities: Flour Milling and Malt Manufacturing
Full name: First Milling Company A Saudi Closed Joint Stock Company Profile Updated: March 13, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Founded as a result of the privatization of the General Food Security Authority (GFSA), First Mills is one of the cornerstones of Saudi Arabia’s strategic food security ecosystem. The company is a market-leading milling player in the Kingdom, incorporating innovative solutions to produce the highest quality flour, feed, bran and wheat derivatives. The company covers all major regions of the Kingdom through four strategically located, large-capacity mills in Jeddah, Qassim, Tabuk, and Al-Ahsa.

Headquarters
Jeddah Islamic Port, Between Gates 7 And 8, Next To The General Food Security Authority, Po Box: 16165
Jeddah; Mecca Region; Postal Code: 22312

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Website: http://www.firstmills.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2016
Key Executives
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Chairperson
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Vice Chairperson
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Director / Member of the Management Board
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Chief Executive Officer
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Chief Financial Officer
Ownership Details
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30%
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21%
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12%
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7%
Company Performance
Financial values in the chart are available after First Milling Company A Saudi Closed Joint Stock Company report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency SAR. Absolute financial data is included in the purchased report.
Net sales revenue
4.45%
Total operating revenue
4.45%
Operating profit (EBIT)
-2.56%
EBITDA
-0.94%
Net Profit (Loss) for the Period
-17.49%
Total assets
-4.66%
Total equity
1.51%
Operating Profit Margin (ROS)
-2.14%
Net Profit Margin
-6.03%
Return on Equity (ROE)
-4.45%
Debt to Equity Ratio
-20.42%
Quick Ratio
-0.97%
Cash Ratio
-0.86%

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