United Wire Factories Co. announces its Interim Financial Results for the Period Ending on 2022-03-31 ( Three Months ) - United Wire Factories Company

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	298.8	226.6	31.862	291.3	2.574
Gross Profit (Loss)	38	28.1	35.231	19.5	94.871
Operational Profit (Loss)	28.6	18.6	53.763	10.6	169.811
Net Profit (Loss) after Zakat and Tax	26	16.1	61.49	7.9	229.113
Total Comprehensive Income	26	16.1	61.49	7.9	229.113
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Total Share Holders Equity (after Deducting Minority Equity)	452.9	438.6	3.26
Profit (Loss) per Share	0.74	0.46
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Explanation
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is	The reason for the increase in net profit for the current quarter compared to the same quarter of the previous year is due to the growth in sales volume despite the increase in selling and general expenses and the decrease in expenses charged to trade debtors
The reason of the increase (decrease) in the net profit during the current quarter compared to the previous period of the current year is	The reason for the increase in net profit for the current quarter (first 2022) compared to the previous quarter (fourth 2021) is mainly due to the increase in profit margins
Statement of the type of external auditor’s report	Unmodified conclusion
Modification, Qualification or Emphasis of a Matter as Stated within the External Auditor Opinion	No remarks
Reclassification of Comparison Items	Some of the same period comparative figures were reclassified to comply with the current period comparative figures

Related Posts

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

United Wire Factories Co. announces its Estimated Interim Financial Results for the Period Ending on 2022/03/31 ( Three Months )

Element ListCurrent QuarterSimilar quarter for previous year% ChangePrevious Quarter% ChangeSales/Revenue 298.8226.631.862291.32.574 Gross Profit (Loss) 3828.135.23119.594.871 Operational Profit... read more

United Wire Factories Co. Announces the Results of the Ordinary General Assembly Meeting, ( First Meeting )

Element List Explanation Introduction United Wire Factories company Board of Directors is pleased to announce the results of the14th Ordinary General... 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 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

United Wire Factories Co. announces signing a Memorandum of Understanding with A-1 Fence DMCC (UAE)

Element ListExplanation Introduction United Wire Factories Co. Announces the signing of a (non-binding) Memorandum of Understanding... read more

United Wire Factories Company announces the death of its Vice Chairman and Board Member, Dr. Rasheed bin Rashed Bin Owein

Element List Explanation Announcement Detail The Board of Directors and the employees of United Wire Factories Company express their deepest condolences... read more

United Wire Factories Company (ASLAK) Invites Its Shareholders To Attend the 14th Ordinary General Assembly Meeting (The First Meeting)

Element ListExplanation Introduction The Board of Directors of Union Wire Factories Company is pleased to invite... read more

Addendum Announcement from United Wire Factories Co. in regards to the year 2025 financial Results

Element List Explanation Introduction With reference to the company's announcement of its annual financial results for 2025, we would like to... read more

United Wire Factories Co. Announces the Results of the Ordinary General Assembly Meeting, ( First Meeting )

Element... read more