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United Mining Reports SAR 18.76M Net Profit in 2025
UNITED MINING 0.00%
UNITED MINING 9583.SA | 49.00 | 0.00% |
On 2026-03-15 16:04:22 (Saudi Time), United Mining Industries Co. announced its Annual financial results for the twelve months ended on December 31, 2025.
| Element List | Current Year | Previous Year | %Change | ||
|---|---|---|---|---|---|
| Sales/Revenue | 201,852 | 226,576 | -10.91 | ||
| Gross Profit (Loss) | 49,789 | 69,313 | -28.17 | ||
| Operational Profit (Loss) | 20,065 | 27,808 | -27.84 | ||
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 18,758 | 27,282 | -31.24 | ||
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 19,221 | 27,128 | -29.15 | ||
| Total Shareholders Equity (after Deducting Minority Equity) | 14,000 | 14,000 | - | ||
| Profit (Loss) per Share | 1.34 | 1.95 | |||
| All figures are in (Thousands) Saudi Arabia, Riyals | |||||
| Element List | Amount | Percentage of the capital (%) | |
|---|---|---|---|
| Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value | - | - | |
| Accumulated Losses | - | - | |
| All figures are in (Thousands) Saudi Arabia, Riyals | |||
| Element List | Explanation |
|---|---|
| The reason of the increase (decrease) in the sales/ revenues during the current year compared to the last year | The reason for the decline in revenue for the Year 2025 compared to Year 2024 is attributed to changes and differences in sales mix and slowdown in local market. |
| The reason of the increase (decrease) in the net profit during the current year compared to the last year is | The decrease in net profit in Year 2025 by 31.24% is due to decline in revenue despite the fact that the total company cost reduce by 20%. |
| Statement of the type of external auditor's report | Unmodified opinion |
| Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion) | N/A |
| Reclassification of Comparison Items | N/A |
| Additional Information | None |
Year-on-Year Performance Drivers
Sales declined 10.91% YoY to SAR 201.85 million due to changes in sales mix and local market slowdown. Net profit dropped 31.24% to SAR 18.76 million, primarily driven by the revenue decline despite a 20% reduction in total company costs, indicating that cost savings were insufficient to offset the impact of lower sales volumes.
Other Items
The auditors issued an unmodified opinion with no additional comments or qualifications noted. No material uncertainties regarding going concern or other significant risks were reported. The company shows no accumulated losses, maintaining a stable capital position with total shareholders' equity unchanged at SAR 14,000 thousand.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=93714&anCat=1&cs=9583&locale=arImportant Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.
