Fourth Milling Company Reports Strong Full Year 2024 Results with Record-Breaking Revenue
Dammam, Saudi Arabia, 12 March 2025: Fourth Milling Company ("MC4" or the "Company"), a leading producer of flour and its derivatives in the Kingdom of Saudi Arabia, has announced its financial results for the fourth quarter of 2024 (“Q4 2024”) and the full year ended 31 December 2024 (“FY 2024”), showcasing substantial growth in revenue and profitability driven by a notable increase in sales volumes. The Company reported the highest annual revenue in its history of SAR 629 million, marking a 12.7% year-on-year (y-o-y) increase, and FY 2024 net profit surged 19.7% y-o-y to SAR 171 million.
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Wednesday, March 12, 2025