Fourth Milling Co. announces its Interim Financial results for the Period Ending on 2026-03-31 ( Three Months )

Flour segment: Sales volumes grew by 9% year-on-year, supported by improved sales strategies across various flour categories.

Bran segment: Performance improved, with sales volumes increasing by 4% alongside better pricing, contributing positively to revenue growth.

This overall growth was partially offset by a decline in sales volumes in the animal feed segment compared to the first quarter of 2025.

This was primarily driven by a 5% increase in revenues, supported by higher sales volumes in the flour and bran segments and improved margins, which helped limit the increase in cost of revenues to 2%, despite a decline in the animal feed segment.

On the other hand, profit growth was impacted by higher general and administrative expenses due to increased employee costs, as well as higher selling and distribution expenses in line with commercial activities and channel support, in addition to higher expected credit loss provisions.

For comparability purposes, it should be noted that net profit in the corresponding quarter of the previous year was positively impacted by the reversal of deferred tax liabilities.

Despite a 9% decline in overall sales volumes, the Company continued to execute on its strategy of focusing on higher value-added products, achieving volume growth of 20% in consumer flour packs, along with a 15% increase in the animal feed segment compared to the previous quarter.

Net profit was also impacted by higher operating expenses compared to the previous quarter, particularly in selling and distribution expenses, in line with commercial activities and channel support.

2025 was reviewed by another auditor who expressed an unmodified conclusion on those condensed interim

financial information on 10 Dhul-Qi’dah 1446H (corresponding to 8 May 2025).

For any inquiries, kindly contact the Fourth Milling Co. Investor Relations Department at the email: investor.relations@mc4.com.sa