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First Milling Co. 2022 Annual Results

Revenue

SAR -469M

Net Profit

SAR 217M

First Milling Co. (2283) reported full year 2022 revenue of SAR -469M, down 8.8% from SAR -431M in 2021. Net profit came in at SAR 217M, up 9.6% year on year. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric	2022	2021
Revenue	SAR -469M	SAR -431M
Net Profit	SAR 217M	SAR 198M
Gross Profit	SAR 444M	SAR 370M
Net Margin	-46.3%	-46.0%
ROE	29.0%	29.8%
Total Assets	SAR 2.43B	SAR 1.16B
Total Equity	SAR 751M	SAR 665M

Year on Year Comparison

Revenue decreased by 8.8% compared to 2021. Net profit increased by 9.6%. 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.