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First Milling Co. 2021 Annual Results

Revenue

SAR -431M

Net Profit

SAR 198M

First Milling Co. (2283) reported full year 2021 revenue of SAR -431M, down 2.3% from SAR -422M in 2020. Net profit came in at SAR 198M, up 4.1% year on year. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric	2021	2020
Revenue	SAR -431M	SAR -422M
Net Profit	SAR 198M	SAR 191M
Gross Profit	SAR 370M	SAR 294M
Net Margin	-46.0%	-45.2%
ROE	29.8%	17.6%
Total Assets	SAR 1.16B	SAR 1.48B
Total Equity	SAR 665M	SAR 1.08B

Year on Year Comparison

Revenue decreased by 2.3% compared to 2020. Net profit increased by 4.1%. 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.