The CEO of the Saudi Wire Union, Nabil Al-Amir, told CNBC Arabia that the VAT increase last year resulted in an unprecedented increase in sales, which increased profit margins last year.
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United Wire Factories Co. Announces Appointment of a Financial Advisor for Capital Decrease
ELEMENT LIST
EXPLANATION
Introduction
No English translation, kindly refer to the Arabic version
Name of Financial Advisor
No English translation, kindly refer to the Arabic... read more
ASLAK CEO says no conflict between capital cut, expansions
Nabil Alamir, CEO of United Wires Factories Co. (Aslak), said the planned capital cut does not reflect contraction, stressing that... read more
United Wire Factories Co. announces its Interim Financial Results for the Period Ending on 30-09-2023 ( Nine Months )
Element ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% ChangeSales/Revenue 182.9264.1-30.75200.2-8.64 Gross Profit (Loss) 14.515.6-7.0517.2-15.7 Operational Profit (Loss)... read more
United Wire Factories Co. announces the distribution of cash dividend for For the first half of the year 2021 AD
Element ListExplanation Introduction United Wire Factories Company (Aslak) announces the decision of the Board of Directors... read more
United Wire Factories Co. Announces to its Shareholders the Starting Date of the Electronic Voting on the Agenda of the Ordinary General Assembly Meeting (First Meeting)
Element ListExplanationAnnouncement Detail Reference to the announcement of United Wire Factories Co. (Aslak) on the Saudi Exchange (Tadawul)... read more
United Wire Factories Co. Announces the Results of the Ordinary General Assembly Meeting (First Meeting)
Element ListExplanation Introduction United Wire Factories Co. Board of Directors is pleased to announce the results... read more
United Wire Factories Company announces the starting date of electronic voting on the 15th Ordinary General Assembly Meeting agenda (First Meeting) through means of modern technology
Element ListExplanationAnnouncement Detail United Wire Factories Company is pleased to announce to its valued shareholders the start date... read more
United Wire Factories Co. Announces an update on United Wire Factories Co. announces signing a Memorandum of Understanding with ALRAEDA INDUSTRIAL INVESTMENT Co.
Element ListExplanation Introduction In addition to the announcement by the United Wire Factories Company of signing... read more
United Wire Factories Co. Announces Board’s Recommendation to Decrease the Company’s Capital
Element ListExplanation Introduction United Wire Factories Co. Announces Board's Recommendation to Decrease the Company's Capital ... read more
United Wire Factories Co. announces its Annual Financial Results for the Period Ending on 2021-12-31
Element ListCurrent YearPrevious Year%ChangeSales/Revenue 921.3777.718.464 Gross Profit (Loss) 85.6113.9-24.846 Operational Profit (Loss) 56.472.3-21.991 Net Profit (Loss)... read more