The internally financed deal aims to improve BinDawood’s supply chain efficiency and expand its high-end product offerings across its retail network.
The company drops its earlier low-carbon ammonia plan after securing feedstock for a major expansion project.
The Saudi-based miller records strong gains in profit and revenue, supported by higher flour demand and cost control.
Saudi flour and feed producer records higher earnings while moving ahead with new milling projects in Riyadh and Hail.
This performance was underpinned by a 9.3% rise in total revenue, reaching SAR 1,146.4 million (US$305.52M), up from SAR 1,048.9 million (US$279.52M) in 2024.