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First Milling Co. 2020 Annual Results

Revenue

SAR -422M

Net Profit

SAR 191M

First Milling Co. (2283) reported full year 2020 revenue of SAR -422M, down 3.3% from SAR -408M in 2019. Net profit came in at SAR 191M, up 51.6% year on year. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric	2020	2019
Revenue	SAR -422M	SAR -408M
Net Profit	SAR 191M	SAR 126M
Gross Profit	SAR 294M	SAR 236M
Net Margin	-45.2%	-30.8%
ROE	17.6%	14.1%
Total Assets	SAR 1.48B	SAR 1.24B
Total Equity	SAR 1.08B	SAR 891M

Year on Year Comparison

Revenue decreased by 3.3% compared to 2019. Net profit increased by 51.6%. Revenue declined but profit grew — indicating improved efficiency or cost control.

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Financial data sourced from CMA-mandated XBRL filings published on the Saudi Exchange (Tadawul). Data processed and structured by Sahm Screener (sahmscreener.com). Updated nightly. Last updated: 2023-06-22.