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.
Related Posts
ASLAK CEO to CNBC Arabia: After two months of decline, the demand has started to recover since the beginning of this June
The CEO of ASLAK "Nabil Al-Amir" said that the demand was negatively affected during the months of April and May... read more
United Wire Factories Co. announces its Annual Financial Results for the Period Ending on 2022-12-31
Element ListCurrent YearPrevious Year%ChangeSales/Revenue 1,026.4921.311.41 Gross Profit (Loss) 107.385.625.35 Operational Profit (Loss) 67.256.419.15 Net Profit (Loss)... read more
A corrective announcement from the United Wire Factories Company regarding its announcement of the start date of electronic voting on the items of the Extraordinary General Assembly Meeting (Sixteenth) that include reducing the company’s capital (first meeting) through modern technology
Element ListExplanation Date of Publishing the Previous Announcement Sought to be Corrected on Tadawul's Website 2023-07-27... 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 the Submission of the Decrease of the Company’s Capital Application File to CMA
ELEMENT LIST
EXPLANATION
Introduction
No English translation, kindly refer to the Arabic version
Date of Submitting the Application File to CMA
2020-03-10 Corresponding to 1441-07-15
Application... read more
United Wire Factories Co. announces its Annual Financial results for the period ending on 2023-12-31
Element ListCurrent YearPrevious Year%ChangeSales/Revenue 792.81,026.4-22.76 Gross Profit (Loss) 64.1107.3-40.26 Operational Profit (Loss) 26.267.2-61.01 Net profit (Loss)... read more
Announcement Details United Wire Factories Company Announces the Execution of a Non-Binding Agreement in connection with the Acquisition of forty percent (40.0%) of Issued Shares in Al Raeda Industrial Investment Company, in return for Issuing New Shares for the Selling Shareholders of Al Raeda Industrial Investment Company in United Wire Factories Company
Element ListExplanation Introduction With reference to United Wire Factories Company's ("ASLAK" or the "Company") announcement dated... read more
United Wire Factories Co. announces its Annual Estimated Financial Results for the Period Ending on 2022-12-31
Element ListCurrent YearPrevious Year%ChangeSales/Revenue 1,026.4921.311.41 Gross Profit (Loss) 107.385.225.94 Operational Profit (Loss) 67.856.420.21 Net Profit (Loss)... read more
United Wire Factories Co. Board invites its shareholders to attend the Extraordinary General Assembly Meeting the (First Meeting)
Element List
Explanation
Introduction
The Board of Directors of United Wire Factories Company is pleased to invite its shareholders to participate... read more
United Wire Factories Co. announces to Invites its Shareholders to Attend the ( First Meeting ) Ordinary General Assembly Meeting – Reminder Announcement
Element ListExplanation Introduction The Board of Directors of the United Wire Factories Company is pleased to... read more
