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First Milling Logs Higher H1 Net Profit, Revenue

MT Newswires·07/29/2026 01:55:40
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01:55 AM EDT, 07/29/2026 (MT Newswires) -- First Milling Co. (SASE:2283) said Wednesday its net profit and revenue for the first half increased year over year. Net profit attributable to shareholders of the company for the six months ended June 30 was 146 million Saudi riyals, compared with 131.1 million riyals a year earlier. EPS moved to 2.64 riyals from 2.37 riyals. The Saudi Arabian milling company's revenue was 634 million riyals, compared with 521.4 million riyals a year ago. Meanwhile, the board declared a first-half dividend of 1.79 riyals per share, payable on Aug. 19 to shareholders on record Aug. 4. It paid a dividend of 1.48 riyals per share a year ago.