First Milling Co. (First Mills) reported a net profit of SAR 277.4 million in 2025, an increase of 11% from SAR 250.9 million in the year-earlier period.
| Item | 2024 | 2025 | Change |
|---|---|---|---|
| Revenues | 1,048.90 | 1,146.40 | 9.3 % |
| Gross Income | 457.10 | 482.20 | 5.5 % |
| Operating Income | 318.50 | 339.70 | 6.7 % |
| Net Income | 250.90 | 277.40 | 10.6 % |
| Average Shares | 55.50 | 55.50 | - |
| Earnings Per Share before unusual items (Riyals) | 4.52 | 5.00 | 10.6 % |
| EPS (Riyal) | 4.52 | 5.00 | 10.6 % |
The annual increase in profits was mainly driven by revenue growth of 9.3%. This growth was primarily supported by the expansion of the feed segment, whose revenues rose by 12.8% year-on-year (YoY) to SAR 351.7 million in 2025.
As a result, its contribution to total revenue increased to 30.7%, compared to 29.7% previously.
In Q4 2025, net earnings grew 12.5% to SAR 74.67 million, from SAR 66.39 million in Q4 2024.
On a sequential basis, net earnings rose 4.2% from SAR 71.66 million in Q3 2025.
| Item | Q4 2024 | Q4 2025 | Change |
|---|---|---|---|
| Revenues | 268.85 | 338.77 | 26.0 % |
| Gross Income | 119.61 | 132.18 | 10.5 % |
| Operating Income | 82.42 | 90.72 | 10.1 % |
| Net Income | 66.39 | 74.67 | 12.5 % |
| Average Shares | 55.50 | 55.50 | - |
| Earnings Per Share before unusual items (Riyal) | 1.20 | 1.35 | 12.5 % |
| EPS (Riyal) | 1.20 | 1.35 | 12.5 % |
| Item | Q3 2025 | Q4 2025 | Change |
|---|---|---|---|
| Revenues | 286.27 | 338.77 | 18.3 % |
| Gross Income | 124.06 | 132.18 | 6.5 % |
| Operating Income | 87.29 | 90.72 | 3.9 % |
| Net Income | 71.66 | 74.67 | 4.2 % |
| Average Shares | 55.50 | 55.50 | - |
| Earnings Per Share before unusual items (Riyal) | 1.29 | 1.35 | 4.2 % |
| EPS (Riyal) | 1.29 | 1.35 | 4.2 % |
| Company | Estimated | Actual | Change |
|---|---|---|---|
| FIRST MILLS | 74.10 | 74.67 | |
| NAHDI | 167.00 | 175.88 | |
| RIYADH CEMENT | 37.40 | 59.92 | |
| SMC HEALTHCARE | 75.40 | 133.95 | |
| DAR ALARKAN | 332.00 | 429.91 | |
| SAVOLA GROUP | 133.00 | 194.08 | |
| SPORT CLUBS | 17.00 | 14.58 | |
| FOURTH MILLING | 54.00 | 61.93 | |
| ASTRA INDUSTRIAL | 172.33 | 152.57 | |
| MAADEN | 2,368.85 | 1,670.95 |
| Company | Estimated | Actual | Change |
|---|---|---|---|
| FIRST MILLS | 74.10 | 74.67 | |
| NAHDI | 167.00 | 175.88 | |
| RIYADH CEMENT | 37.40 | 59.92 | |
| SMC HEALTHCARE | 75.40 | 73.35 | |
| DAR ALARKAN | 332.00 | 429.91 | |
| SAVOLA GROUP | 133.00 | 102.08 | |
| SPORT CLUBS | 17.00 | 14.58 | |
| FOURTH MILLING | 54.00 | 61.93 | |
| ASTRA INDUSTRIAL | 172.33 | 152.57 | |
| MAADEN | 2,368.85 | 1,907.95 |
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