First Mills Reports SAR 79.6 Mln in Q1 Profit, Up 2.4%

First Mills Co. reported on Thursday a 2.4% year-on-year increase in net profit for the first quarter of 2025, reaching SAR 79.6 million, compared to SAR 77.7 million in the same quarter last year. This came after the announcement today of the preliminary financial results for the (three-month) period ending March 31, 2025.

Operational profit for the first quarter amounted to SAR 94.6 million, slightly up from SAR 94.3 million in the corresponding quarter of the previous year, marking a 0.293% increase.

Total equity (excluding non-controlling interests) for the three-month period stood at SAR 951.9 million, compared to SAR 888.3 million in the previous period, reflecting a 7.16% increase.

Profits per share for the current period rose to SAR 1.44, up from SAR 1.4 in the previous period.