Author - عاصم البحيران

United Wire Factories Company announces the distribution of cash dividends to shareholders for the second half of the year 2022 AD and for the period until the end of the third quarter 2023 AD

Element ListExplanation Introduction United Wire Factories Company (Aslak) announces the decision of the Board of Directors to distribute cash dividends to shareholders for the second half of the year 2022 AD and for the period until the end of the...

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) 4.25.3-20.757.5-44 Net Profit (Loss) after Zakat and Tax 2.23-26.675.5-60 Total Comprehensive Income 2.23-26.675.5-60 All figures are in (Millions) Saudi Arabia, Riyals Element...

Corrective announcement from the United Wire Factories Company regarding its previous announcement about the latest developments regarding its signing of a memorandum of understanding with A1 Fence DMCC (UAE) to acquire a share in the ownership of A1 Fence Arabian Industrial Company, which is wholly owned by A1 Fence DMCC. (Emirati)

Element ListExplanation Date of Publishing the Previous Announcement Sought to be Corrected on Tadawul's Website 2023-10-03 Corresponding to 1445-03-18 Hyperlink to the Previous Announcement Click Here Incorrect statements in the previous announcement The...

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 there is no conflict between the target reduction and expansions. Expansion is a main goal of Aslak, which eyes acquisition of existing companies operating in various...

United Wire Factories Co. announces the results of the Sixteenth Extraordinary General Assembly Meeting, which included the approval of reducing the company’s capital (first meeting)

Element ListExplanation Introduction United Wire Factories Co. announces the results of the Extraordinary Sixteenth Extraordinary General Assembly (the First Meeting) which included the approval on the capital reduction of the Company, which was held at 07:30 on Wednesday 2023/08/02 through means...