Author - عاصم البحيران

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 a memorandum of understanding on 13 November 2023 with Al-Raeda Industrial Investment Company for the potential acquisition of a share in the ownership of the...

United Wire Factories Co. announces its Interim Financial results for the Period Ending on 2024-09-30 ( Nine Months )

Element ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% ChangeSales/Revenue 166182.9-9.24174.1-4.652 Gross Profit (Loss) 13.514.6-7.53414.6-7.534 Operational Profit (Loss) 5.84.238.0955.47.407 Net profit (Loss) 42.281.8184.2-4.761 Total Comprehensive Income 42.281.8184.2-4.761 All figures are in (Millions) Saudi Arabia, Riyals Element ListCurrent PeriodSimilar period for...

Aslak aligns factory operations with demand: CEO

United Wire Factories Co. (Aslak) is operating factories at high rates to balance low demand and maintain economic efficiency to ensure positive operating margins, CEO Nabil Al-Amir told Argaam. This includes production lines for certain construction sector products, he added. The company reduced its focus on the...

Announcement Details United Wire Factories Co. announces its Interim Financial results for the Period Ending on 2024-06-30 ( Six Months )

Element ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% ChangeSales/Revenue 174.1200.2-13.036187.2-6.997 Gross Profit (Loss) 14.617.3-15.60615.9-8.176 Operational Profit (Loss) 5.47.5-27.9997.8-30.769 Net profit (Loss) 4.25.5-23.6366.1-31.147 Total Comprehensive Income 4.25.5-23.6366.1-31.147 All figures are in (Millions) Saudi Arabia, Riyals Element ListCurrent PeriodSimilar period for...

United Wire Factories Co. announces its Interim Financial results for the Period Ending on 2024-03-31 (Three Months)

Element ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% ChangeSales/Revenue 187.2227.2-17.605182.52.575 Gross Profit (Loss) 15.916.4-3.04816-0.624 Operational Profit (Loss) 7.86308.6-9.302 Net profit (Loss) 6.14.535.5558.3-26.506 Total Comprehensive Income 6.14.535.5558.6-29.069 All figures are in (Millions) Saudi Arabia, Riyals Element ListCurrent PeriodSimilar period for...

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 a memorandum of understanding on 13 November 2023 with Al-Raeda Industrial Investment Company for the potential acquisition of a share in the ownership of the...

Addendum announcement from United Wire Factories Company regarding the announcement of the results of the extraordinary general assembly meeting (first meeting)

Element ListExplanation Introduction In addition to the company's previous announcement regarding the results of the Extraordinary General Assembly (first meeting) held on 20/10/1445 AH (corresponding to 29/04/2024 AD); The company explains the fees of the auditor whose appointment has been approved....