| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is | Revenue increased 26.7% YoY to SAR 301.3 million, reflecting continued execution of the Company's diversification strategy, supported by strong feed growth of 78.7% year-on-year, resilient flour demand which drove revenues up 22.2% year-on-year, and an expanding product range of value-added products. |
| The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is | Net profit attributable to shareholders of the issuer increased 28.3% year-on-year to SAR 66.0 million, compared to SAR 51.4 million in Q2 2025. Net profit margin improved to 21.9%, compared to 21.6% in the prior-year period, reflecting stronger operating performance which more than offset the slight increase in net finance expenses. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | On a quarter-on-quarter basis, revenue declined 9.5% to SAR 301.3 million in Q2 2026, from SAR 332.8 million in Q1 2026. The decline was primarily attributable to the seasonal impact of Ramadan, which typically sees higher demand for flour products driven by increased commercial activity, particularly in the retail sector. Following the end of Ramadan, consumption levels returned to their normal patterns, resulting in lower demand for flour products and related categories during the subsequent quarter, which led to lower revenue compared to the previous quarter. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | On a quarter-on-quarter basis, net profit attributable to shareholders of the issuer declined 17.7% to SAR 66.0 million in Q2 2026, from SAR 80.1 million in Q1 2026. The decline was primarily attributable to lower revenue during the current quarter, reflecting seasonal changes in flour consumption patterns, together with the normalization of demand for feed products following the exceptionally strong performance recorded in the first quarter, which exceeded management's expectations. Partially offsetting this decline, bran sales increased during the current quarter, supported by stronger demand compared with the previous quarter. |
| The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is | Revenue increased 21.6% YoY to SAR 634.0 million, reflecting continued execution of the Company's diversification strategy, supported by strong feed growth of 68.0% year-on-year, resilient flour demand which drove revenues up 11.8% year-on-year, and an expanding product range of value-added products. |
| The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is | For the first half of 2026, net profit attributable to shareholders of the issuer increased 11.4% year-on-year to SAR 146.0 million, while earnings per share increased 11.4% to SAR 2.64. Performance during the period reflects the Company's continued focus on profitable growth, operational excellence and disciplined capital deployment, with the stronger profitability achieved in the second quarter further reinforcing the resilience and scalability of its operating model. |
| Statement of the type of external auditor's report | Unmodified conclusion |
| Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion) | None |
| Reclassification of Comparison Items | Not applicable |
| Additional Information | For more information, please contact the First Mills Investor Relations Department at the email: IR@firstmills.com |
| Attached Documents | Attached Documents |
