Hamad H Alsourayia, CEO of United Mining Industries Co.
Nomu’s United Mining Industries Co. expects stronger performance in the second half of 2025 compared to H1 2025, supported by higher sales as commercial operations at its gypsum board plant are set to begin by the end of October 2025, CEO Hamad H Alsourayia told Argaam. 
Alsourayia cited the company’s profit retreat for H1 2025 to an 18% drop in total revenues along with higher operating costs.
Revenues decreased mainly because of weaker demand for value-added products amid a market slowdown, seasonal factors, and lower operating volumes in H1 2025.
On the impact of the sales mix shift on average selling prices and profit margins, Alsourayia said that the change resulted in lower sales of value-added products, which in turn weighed on average prices and margins.
According to Argaam data, United Mining’s profits fell to SAR 10 million by the end of H1 2025, compared to SAR 11.9 million in the same period of 2024.
Hamad H Alsourayia, CEO of United Mining Industries Co.
Nomu’s United Mining Industries Co. expects stronger performance in the second half of 2025 compared to H1 2025, supported by higher sales as commercial operations at its gypsum board plant are set to begin by the end of October 2025, CEO Hamad H Alsourayia told Argaam.
Alsourayia cited the company’s profit retreat for H1 2025 to an 18% drop in total revenues along with higher operating costs.
Revenues decreased mainly because of weaker demand for value-added products amid a market slowdown, seasonal factors, and lower operating volumes in H1 2025.
On the impact of the sales mix shift on average selling prices and profit margins, Alsourayia said that the change resulted in lower sales of value-added products, which in turn weighed on average prices and margins.
According to Argaam data, United Mining’s profits fell to SAR 10 million by the end of H1 2025, compared to SAR 11.9 million in the same period of 2024.
