| Element List | Current Year | Previous Year | %Change | ||
|---|---|---|---|---|---|
| Sales/Revenue | 1,146.4 | 1,048.9 | 9.29 | ||
| Gross Profit (Loss) | 482.2 | 457.1 | 5.49 | ||
| Operational Profit (Loss) | 339.7 | 318.5 | 6.66 | ||
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 277.4 | 250.9 | 10.56 | ||
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 263.7 | 239.1 | 10.29 | ||
| Total Shareholders Equity (after Deducting Minority Equity) | 1,068.9 | 945.1 | 13.1 | ||
| Profit (Loss) per Share | 4.99 | 4.53 | |||
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| Element List | Amount | Percentage of the capital (%) | |
|---|---|---|---|
| Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value | - | - | |
| All figures are in (Millions) Saudi Arabia, Riyals | |||
| Element List | Explanation |
|---|---|
| The reason of the increase (decrease) in the sales/ revenues during the current year compared to the last year | First Mills’ revenues increased during the year to SAR 1,146.4 million, representing a 9.3% growth compared to SAR 1,048.9 million in the same period of the previous year. This growth was mainly driven by the strong expansion in the feed segment, which recorded a 12.8% year-on-year increase in revenues, reaching SAR 351.7 million. As a result, its contribution to total revenues rose to 30.7%, compared to 29.7% in the same period of the previous year. This performance reflects the increase in production capacity following the acquisition of Al-Manar Feed Company, in addition to improved vertical integration and enhanced market presence. |
| The reason of the increase (decrease) in the net profit during the current year compared to the last year is | Net profit attributable to shareholders increased by 10.6% year-on-year to SAR 277.4 million, compared to SAR 250.9 million in the same period of the previous year. This reflects the company’s continued focus on profitable growth, operational efficiency, and strategic expansion. The net profit margin remained stable at 24.2%, compared to 23.9% in the previous year. Earnings per share (EPS) also increased notably to SAR 4.99 during the year, compared to SAR 4.53 in the same period of the previous year, reflecting strong earnings growth and the company’s continued ability to generate value for its shareholders. |
| Statement of the type of external auditor's report | Unmodified opinion |
| 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 Investors Relations Department at the email: IR@firstmills.com |
| Attached Documents | Attached Documents |
