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Producing and storing flour and animal feed.
Overview
First Milling Co. (First Mills) commenced its commercial operations in 1972 as a group of wheat mills that operated as subsidiaries of the General Food Security Authority (GFSA). In 2016, GFSA privatization program was approved, and First Mills was established as a closed joint-stock company, owned by the Public Investment Fund (PIF), in Jeddah, with capital of SAR 500,000.
The company's activity is represented in the production of flour byproducts, feed, bran and other wheat derivatives. It carries out its activities through four main branches located at Jeddah, Buraydah, Tabuk and Al-Ahsa, however, its sales are not limited to these regions, as the company has a presence in other regions through its sales and distribution warehouses, and its authorized distributors. The company expanded its footprint through selling its retail products under the brand name “Aloula” to retailers such as supermarkets, hypermarkets and smaller traditional retailers
Basic Information
City: | Jeddah |
Country | Saudi Arabia |
Ownership Type: | Joint Stock |
Establishment Date: | 2016 |
Commercial Register: | 4030291813 |
Website: | www.firstmills.com |
ir@firstmills.com | |
Phone | +966 92 001 0375 |
Fax | +966 12 648 3433 |
Address | Jeddah Islamic Port between Gates 7 and 8 - Jeddah 22312 |
PO Box | 16165 |
Argaam Classification
Industry Peers
Modern Mills for Food Products Co. |
Financials Highlights (M )
Company Size
Trading Data
Stock Market : | TASI |
Fiscal Year End : | December |
Free Float (M) : | 16.65 |
Free Float % : | 30.00 |
Weight in Index % : | 0.06 |
3M Average Volume : | 611,355 |
3M Average Transactions : | 3,010 |
Change(12M) % : | - |
Major Shareholders
Name | Number of Shares (M) | Holding |
---|---|---|
AlMutlaq Group Industrial Investment Company Limited | 16.65 | 30.00 % |
abdulaah abunian commercial co | 11.66 | 21.00 % |
Al Safi Advanced Investments Company | 6.66 | 12.00 % |
Essa Al-Ghurair Investment Company | 3.89 | 7.00 % |
Subsidiaries & Associates
Company | Country | Percentage |
---|---|---|
First Food Supply Ltd. | Saudi Arabia | 100.00 % |