News & Announcements

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ARABIAN MILLS

28 November, 2024 15:55

Arabian Mills Food Products Company Announces Increased Production Capacity with Approval from the General Food Security Authority

Element List	Explanation
Announcement Detail	Arabian Mills Food Products Company announces that His Excellency the Governor of the General Food Security Authority has issued a decision, based on the powers vested in him pursuant to the decision of the Board Directors of the General Food Security Authority No. (2) dated 09/11/1444 H (corresponding to 29/05/2023 G), approving the amendment of the main license (02) under which the General Food Security Authority licensed the company to operate its branches in accordance with the following: - Riyadh Branch: Annual production capacity increased to 854,250 tons of flour from 765,000 tons of flour, representing an increase of 11.7%. - Hail Branch: Annual production capacity increased to 201,000 tons of flour from 180,000 tons of flour, representing an increase of 11.7%. - Jizan Branch: Annual production capacity increased to 402,000 tons of flour from 360,000 tons of flour, representing an increase of 11.7%. Arabian Mills for Food Products Company would like to express its sincere gratitude and appreciation to the General Food Security Authority for its continued support to the milling sector to meet the growing market demands and strengthen the company's role in securing the customers' flour requirements. For any inquiries, please contact the Investor Relations Department via email: IR@arabianmills.com.

Element List

Explanation

Announcement Detail

Arabian Mills Food Products Company announces that His Excellency the Governor of the General Food Security Authority has issued a decision, based on the powers vested in him pursuant to the decision of the Board Directors of the General Food Security Authority No. (2) dated 09/11/1444 H (corresponding to 29/05/2023 G), approving the amendment of the main license (02) under which the General Food Security Authority licensed the company to operate its branches in accordance with the following: - Riyadh Branch: Annual production capacity increased to 854,250 tons of flour from 765,000 tons of flour, representing an increase of 11.7%. - Hail Branch: Annual production capacity increased to 201,000 tons of flour from 180,000 tons of flour, representing an increase of 11.7%. - Jizan Branch: Annual production capacity increased to 402,000 tons of flour from 360,000 tons of flour, representing an increase of 11.7%. Arabian Mills for Food Products Company would like to express its sincere gratitude and appreciation to the General Food Security Authority for its continued support to the milling sector to meet the growing market demands and strengthen the company's role in securing the customers' flour requirements. For any inquiries, please contact the Investor Relations Department via email: IR@arabianmills.com.

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