Saudi Arabia
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Arabian Mills Q3 net profit rises 3.3% to US$17.2M
Higher flour and animal feed sales, improved operational efficiency, and lower financing costs supported the growth.
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First Mills Q3 revenue rises 21% as net profit climbs 18%
Total revenue for the quarter surged 20.8% year-over-year, supported by strong volume growth in flour sales, higher capacity utilization at the company’s modernized Qassim facility, and expanded distribution capabilities.
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SALIC transfers National Grain Company ownership to SABIL
The integration combines SABIL’s expertise in managing strategic wheat reserves, its nationwide network of silos and storage facilities, and its grain handling and distribution capabilities with National Grain Company’s international sourcing expertise, specialization in grain and feed inputs, and domestic commercial presence.
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Modern Mills secures US$62.7M financing for Saudi feed mill
Feed mill to produce 422,000 tonnes annually.
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First Mills Q2 2026 net profit rises 28% to US$17.6M
The company attributed the improved performance to its strategy of expanding higher-value product offerings, increasing operational efficiency, and strengthening its feed segment, which has become a key driver of growth.