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Arabian Mills sees higher profits in 2024; revenues near SAR 974m

Arabian Mills sees higher profits in 2024; revenues near SAR 974m
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ARABIAN MILLS
2285
-9.96% 42.68 -4.72

Riyadh – Mubasher: Arabian Mills for Food Products Company logged net profits amounting to SAR 213.63 million in 2024, up 6.67% year-on-year (YoY) from SAR 200.27 million.

Revenues climbed by 12.97% to SAR 973.94 million at the end of December 2024 from SAR 862.08 million in 2023, according to the financial results.

Earnings per share (EPS) increased to SAR 4.16 last year from SAR 3.90 in 2023.

Arabian Mills offered 15.39 million shares on the Saudi Exchange (Tadawul) after obtaining the Capital Market Authority’s (CMA) approval in  June 2024.