| Element List | Explanation |
|---|---|
| Announcement Detail | Announces the commencement of commercial operations at its new flour mill at the Company's Qassim branch, effective 02/08/2026G corresponding to 19/02/1448H, following the receipt of the final operating license issued by the General Food Security Authority (GFSA). The new mill has a milling capacity of 600 metric tons per day, equivalent to approximately 201,000 metric tons annually, bringing the total milling capacity of the Al-Qassim Plant to 1,500 metric tons per day. The commencement of the commercial operation of the Flour Mill is expected to enhance the Company's production capacity, improve operational efficiency, strengthen its ability to meet growing demand, and support the Company's expansion into promising geographical markets. The financial impact is expected to begin to be reflected in the Company's financial results starting from the third quarter of 2026G. For further information, please contact the Investor Relations Department at IR@firstmills.com |
First Milling Company Announces the Commencement of Commercial Operations at its New Flour Mill at the Company's Qassim Branch
AI Summary
- First Milling Company commenced commercial operations at its new flour mill in the Qassim branch on August 2, 2026, following receipt of the final operating license from the General Food Security Authority (GFSA).
- The new mill adds 600 metric tons per day in milling capacity, bringing the Qassim plant's total capacity to 1,500 metric tons per day.
- The financial impact of the new operations is expected to appear in the company's financial results starting from the third quarter of 2026.
