Forbes ME · 25 Oct 2026
Saudi Arabia’s Modern Mills Q3 Profit Rises 11% To $16.6M
Saudi Arabia’s Modern Mills for Food Products Company reported an 11% year-on-year increase in third-quarter 2026 net profit to $16.6 million (SAR 62.3 million), driven by higher sales volumes and improved selling prices, despite rising raw material, distribution, and financing costs, according to a Saudi Exchange disclosure.
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