Company The First Milling Company

Equities

2283

SA15QGU13LH9

Food Processing

Delayed Saudi Arabian S.E. 08:20:02 2024-05-23 am EDT 5-day change 1st Jan Change
75.5 SAR -1.44% Intraday chart for The First Milling Company -2.83% +0.53%

Business Summary

First Milling Company SJSC is a Saudi Arabia-based entity which is primarily engaged in providing flour production. The Company produce all-purpose flour, feed, bran, and wheat derivatives. The Company has four mills in Jeddah, Qassim, Tabuk, and Al-Ahsa. The Company’s products include pastry flour, pizza flour, brown flour, patent flour, animal bran, edible bran, horse feed pellet, dairy cattle feed pellet, livestock fattener pellet, pigeon feed, lamb feet pellet, among others.

Sales per Business

SAR in Million2022Weight2023Weight Delta
Flour
57.3 %
507 55.5 % 553 57.3 % +8.96%
Feed
28.1 %
274 30.0 % 271 28.1 % -0.96%
Bran
14.6 %
133 14.5 % 140 14.6 % +5.85%

Sales per region

SAR in Million2022Weight2023Weight Delta
Saudi Arabia
100.0 %
914 100.0 % 964 100.0 % +5.54%

Managers

Managers TitleAgeSince
Chief Executive Officer 58 16-12-31
Director of Finance/CFO 42 21-12-25
Chief Operating Officer 40 22-04-01
Corporate Officer/Principal 44 21-09-30
Human Resources Officer 43 16-12-31
Corporate Officer/Principal 38 21-08-31
Corporate Officer/Principal 40 21-10-31
Corporate Secretary 32 23-02-19

Members of the board

Members of the board TitleAgeSince
Director/Board Member 67 20-12-30
Chairman 61 20-12-30
Director/Board Member 44 20-12-30
Director/Board Member 55 20-12-30
Director/Board Member 42 20-12-30
Director/Board Member 61 21-03-20
Director/Board Member 50 21-03-20

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 55,500,000 16,650,000 ( 30.00 %) 100,000 ( 0.1802 %) 30.00 %

Shareholders

NameEquities%Valuation
Al-Mutlaq Group
30.00 %
16,650,000 30.00 % 367 M ﷼
Abunayyan Trading Corp.
21.00 %
11,655,000 21.00 % 257 M ﷼
AlSafi Advanced Investment
12.00 %
6,660,000 12.00 % 147 M ﷼
Essa Al Ghurair Investment LLC
7.000 %
3,885,000 7.000 % 86 M ﷼

Company contact information

The First Milling Co.

Jeddah Islamic Port

22312, Jeddah

+

http://www.firstmills.com
address The First Milling Company(2283)

Sales per Business

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
75.5 SAR
Average target price
93.45 SAR
Spread / Average Target
+23.77%
Consensus

Annual profits - Rate of surprise

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