MC4 maintains strong demand in Q1 2025: CEO
Khalid Al Maktary, CEO of Fourth Milling Co. (MC4), said the company's net profit rose by 8% in Q1 2025, supported by revenue growth, improved financial efficiency, and a SAR 2.3 million reduction in deferred tax liabilities. This was also buoyed by a SAR 1.3 million increase in returns from Shariah-compliant investment deposits and effective cost control.
In an interview with Argaam, Al Maktary added that demand for the company's products remained strong in Q1 2025, with flour sales rising 4.3% year-on-year (YoY) and 6.4% quarter-on-quarter (QoQ). This was supported by seasonal demand during Ramadan and an improved product mix.
He noted that this growth reflects robust demand from both business and retail segments. Animal feed sales also maintained positive momentum during the quarter, although revenue from the bran and feed segment declined by 5.6% QoQ due to seasonal factors and the company's focus on improving margins over volume increases.
MC4 retained its leadership in the Saudi flour market during Q1 2025, backed by strong performance from its flagship brand, FOOM, which held a 28.4% market share—the highest in the packaged flour category.
According to the CEO, the company seeks to enhance its competitive edge through target marketing campaigns, expanding its distribution network, and continuous innovation in product development to meet market needs.
Geographically, sales were significantly supported by performance in Madinah and Al-Kharj, benefiting from advanced infrastructure and proximity to demand centers, which improved distribution efficiency and market responsiveness.
Regarding flour exports, Al Maktary said the company plans to leverage surplus capacity at its Dammam facility—strategically located near King Abdulaziz Port—to expand into Middle Eastern, Asian, and African markets. This aligns with the company's long-term strategy to diversify income sources and grow its geographical presence.
The top executive forecasts growth momentum to continue into the second half of 2025, driven by an expanding customer base, improved coverage in high-density areas, and stronger offerings for both business and retail segments.
Thanks to optimized distribution strategies and continued consumer demand for essential products, the company is well positioned to sustain stable revenue performance in H2 2025.
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