Nomu H1 2025 combined profit rises 7% to SAR 1.16B

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Companies listed on the Nomu-Parallel Market reported a 7.6% increase in H1 2025 aggregate net profit to SAR 1.16 billion, compared to SAR 1.08 billion in the prior-year period.

This followed a 76.4% profit surge in materials sector, largely due to the stellar performance of Group Five Pipe Saudi Co. (Group Five). In addition, earnings in real estate management & development industry sector jumped 49%.

The six-month period also included exceptional gains at SAR 31.6 million.

Excluding these one-offs, H1 2025 aggregate earnings would have stood at SAR 1.13 billion, up 5.4% year-on-year (YoY).

*Excluding REITs, Knowledge Tower Trading Co. and Academy of Learning (AOL) (Different fiscal years); Keir International Co., and Jana Medical Co. (Financial results not published); Saudi Azm for Communication and Information Technology Co. (Saudi Azm) and Obeikan Glass Co. (Moved to TASI on July 21, 2025).

**Figures for 2023 and 2024 include companies listed later.

Sector-wise, real estate management & development contributed nearly 24% to Nomu’s aggregate earnings as its profits rose 48.7% to SAR 278.2 million in H1 2025 from SAR 187.1 million in H1 2024.

Further, materials accounted for approximately 23% of combined earnings, with a 76.4% surge from SAR 153.4 million to SAR 270.8 million in H1 2025.

*Excluding REITs, Knowledge Tower Trading Co. and Academy of Learning (AOL) (Different fiscal years); Keir International Co., and Jana Medical Co. (Financial results not published); Saudi Azm for Communication and Information Technology Co. (Saudi Azm) and Obeikan Glass Co. (Moved to TASI on July 21, 2025).