Financials & Economy
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First Mills successfully lists, starts trading on Saudi Exchange
SAUDI ARABIA — After successfully completing its Initial Public Offering (IPO), First Milling Company (First Mills), one of the prominent milling companies in Saudi Arabia, has…
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Okomu Oil Palm records 41% growth in net profit for Q1 2023
NIGERIA – Okomu Oil Palm, the main producer of palm oil in Nigeria has reported significant growth in Q1 2023, making a profit of 16.2…
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S.African food producer Premier Group posts nearly 40% jump in annual profit, revenue hits US$928M
SOUTH AFRICA – South African food producer Premier Group has posted a near 40% jump in annual profit despite increasing commodity prices and rising inflation According…
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First Mills announces the final IPO price at US$16 per share, attracts bids worth US$18.35m
SAUDI ARABIA – First Milling Company (First Mills), a market-leading milling firm in Saudi Arabia along with financial advisor SNB Capital has announced it has…
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Britannia forecasts around 3% input cost inflation for FY24 on the back of easing commodity costs
INDIA – Britannia Industries Ltd, India’s largest biscuit maker, has forecast low single-digit input cost inflation for the current fiscal year, around 3%. Speaking in…