Modern Mills for Food Products Co. (2284)

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News

17 August 08:45 AM Modern Mills obtains SAR 235m financing for new feed plant

Riyadh - Mubasher: Modern Mills for Food Products Company has secured Sharia-compliant credit facilities totaling SAR 235 million from Saudi Awwal Bank (SAB). The financing is designated to fund the construction of the company’s new feed mill …

Banking and Finance

30 July 05:51 AM Aljazira Capital highlights strong growth in Modern Mills Q2-26 financial results

Riyadh - Mubasher: Modern Mills for Food Products Company announced strong revenue growth in the second quarter (Q2) of 2026, reinforcing its growth outlook despite regulatory uncertainties, according to a report by Aljazira Capital. The brokerage …

Stock Evaluations

26 July 07:02 PM Modern Mills to disburse SAR 81m cash dividends for H1-26

Riyadh - Mubasher: The board of Modern Mills for Food Products Company has resolved to distribute SAR 81.01 million in cash dividends to shareholders for the first half (H1) of 2026. The board decision, reached on 23 July 2026, allocates a …

Company News

26 July 10:37 AM Modern Mills generates SAR 119.5m net profits in H1-26

Riyadh - Mubasher: Modern Mills for Food Products Company logged net profits valued at SAR 119.33 million for the first half (H1) of 2026, a 3.48% increase compared to SAR 115.31 million a year earlier. The company attributed the growth to a …

Financial Results

21 June 03:38 PM Modern Mills appoints new CEO

Riyadh - Mubasher: Modern Mills for Food Products Company has officially announced a transition in its top executive leadership. Following a decision by the Board of Directors on 20 June 2026, the company has appointed Majed Mazen Nofal as its new …

Management Decisions

21 June 08:52 AM Modern Mills’ board member Nofal resigns

Riyadh - Mubasher: Modern Mills for Food Products Company, a major entity in the Saudi Arabian food production sector, has announced the resignation of Majed Mazen Nofal from his positions as an independent member of the Board of Directors and …

Corporate Actions

23 February 01:33 PM Modern Mills names Hijazi as new CEO

Riyadh - Mubasher: Modern Mills for Food Products Company appointed Ahmad Hijazi as its CEO, effective on 23 February 2026, until further notice. The appointment follows the amicable termination of former CEO Osama Ashi’s contract due to health …

Management Decisions

10 October 2024 09:52 AM Modern Mills obtains SAR 871m loan from SNB

Riyadh – Mubasher: Modern Mills for Food Products Company inked a Murabaha financing agreement with The Saudi National Bank (SNB), on 8 October 2024, at a value of SAR 871 million. The facility deal aims to settle existing Alinma Bank debt, …

Banking and Finance

13 June 2024 10:46 AM Modern Mills to disburse SAR 82m dividends for 2023

Riyadh – Mubasher: The shareholders of Modern Mills for Food Products Company greenlighted SAR 81.83 million, equivalent to 100% of the share capital, for 2023.  The firm will pay out a dividend of SAR 1 per share on 7 July 2024, according to a …

Cash Dividends