The First Milling Company

SASE:2283 Stock Report

Market Cap: ر.س3.3b

First Milling Management

Management criteria checks 2/4

First Milling's CEO is Abdullah Abdul-Aziz Ababtain, appointed in Jul 2021, has a tenure of 3.5 years. directly owns 0.055% of the company’s shares, worth SAR1.82M. The average tenure of the management team and the board of directors is 3.2 years and 4.1 years respectively.

Key information

Abdullah Abdul-Aziz Ababtain

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure3.5yrs
CEO ownership0.06%
Management average tenure3.2yrs
Board average tenure4.1yrs

Recent management updates

Recent updates

Returns At First Milling (TADAWUL:2283) Appear To Be Weighed Down

Oct 07
Returns At First Milling (TADAWUL:2283) Appear To Be Weighed Down

CEO

Abdullah Abdul-Aziz Ababtain (58 yo)

3.5yrs

Tenure

Mr. Abdullah Abdul-Aziz Abdullah Ababtain serves as CEO Of The First Milling Company (also known as First Flour Mills Company) since July 1, 2021 having appointed on January 1, 2017. He serves as Member of...

Leadership Team

NamePositionTenureCompensationOwnership
Abdullah Abdul-Aziz Ababtain
Chief Executive Officer3.5yrsno data0.055%
SAR 1.8m
Manwel Adib Bou Hamdan
Chief Financial Officer3.1yrsno datano data
Michael Albers
Chief Operations Officer2.8yrsno datano data
Thamir Mohammed Saleh Al-Sheikh
Chief Human Capital Officer3.3yrsno datano data
Ahmed Elmorsi Kadous
Chief Commercial Officer3.2yrsno datano data
Mohammed Bakar Kotah
Chief Transformation Officer3.3yrsno datano data
Ismail Mohammed Albadri
Chief Quality Assurance & Safety Officer3.3yrsno datano data
Nawaf Shunbur AlHasani
Secretary of the Board of Directors1.9yrsno datano data

3.2yrs

Average Tenure

41yo

Average Age

Experienced Management: 2283's management team is considered experienced (3.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Tariq Mutlaq AlMutlaq
Chairman of the Board4.1yrsno data0.71%
SAR 23.5m
Abdullah Ahmed AlKenany
Vice Chairman of the Board4.1yrsno datano data
Rakan Abdullah Abunayan
Non-Executive Board Member4.1yrsno data1.68%
SAR 55.3m
Essa Abdulla Al-Ghurair
Non-Executive Board Member4.1yrsno datano data
Yazeed Abdullah AlOthman
Independent Board Member4.1yrsno datano data
Massimo Ambrosio
Independent Board Member3.8yrsno datano data
Murad AlKhatib
Independent Board Member3.8yrsno datano data

4.1yrs

Average Tenure

55yo

Average Age

Experienced Board: 2283's board of directors are considered experienced (4.1 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 22:17
End of Day Share Price 2025/01/02 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

The First Milling Company is covered by 4 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Muhammad SaadAl Rajhi Capital
Mohamad Al-SakhalArqaam Capital Research Offshore S.A.L.
null nullSNB Capital