01Jun
21May
United Wire Factories Co. Board invites its shareholders to attend the Ordinary General Assembly Meeting the (First Meeting)
Element List Explanation Introduction The Board of Directors of United Wire Factories Co. (Aslak) is pleased to invite the valued shareholders to participate and vote in the Ordinary General Assembly meeting (first meeting and the second Meeting after one hour from the first meeting). City and Location...
12May
United Wire Factories Co. announces its Interim Financial results for the Period Ending on 2026-03-31 ( Three Months )
Element ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% ChangeSales/Revenue 174.9164.86.128223.2-21.639 Gross Profit (Loss) 12.910.522.85713.4-3.731 Operational Profit (Loss) -1.1-0.24501.5- Net Profit (Loss) Attributable to Shareholders of the Issuer -1.1-0.683.3331.3- Total Comprehensive Income Attributable to Shareholders of the Issuer -1.1-0.683.333-1.8-38.888 All...
10May
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 and profound sorrow over the passing of the Vice Chairman and Board Member, Dr. Rasheed bin Rashed bin Owein, who passed away on Sunday morning,...
31Mar
ASLAK CEO: Ramped up operating rates to maintain market share
United Wire Factories Co. (Aslak) decided to boost operating rates in 2025 to maintain its market share and absorb fixed costs amid intense competition, CEO Nabil Al-Amir told Argaam. This led to a 9% year-on-year increase in revenues for 2025. However, profit margins declined by...
31Mar
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 refer to the net income and net comprehensive income for the fiscal year 2025 and the comparative year 2024. Date of Posting the Previous Announcement of...
30Mar
United Wire Factories Co. announces its Annual Financial results for the period ending on 2025-12-31
Element List Current Year Previous Year %Change Sales/Revenue 770.5 707.3 8.94 Gross Profit (Loss) 49.2 57.9 -15.03 Operational Profit (Loss) 10.6 22.5 -52.89 Net Profit (Loss) Attributable to Shareholders of the Issuer - - - Total Comprehensive Income Attributable to Shareholders of the Issuer - - - Total Shareholders Equity (after Deducting Minority Equity) 355.7 367.5 -3.21 Profit (Loss) per Share 0.18 0.58 All figures are in (Millions) Saudi Arabia, Riyals ...
02Mar
United Wire Factories Co. Announces an update on Announcement of Aslak of signing of a share purchase agreement for the purpose of acquiring forty percent (40%) of the share capital of Al Raeda Industrial Investment Company.
Element ListExplanation Introduction With reference to the announcement of United Wire Factories Company (“Aslak”) published on the Saudi Exchange (Tadawul) website on 12/07/1447H (corresponding to 01/01/2026G) regarding the signing of a share purchase agreement for the purpose of acquiring forty percent...
04Jan
United Wire Factories Company (ASLAK) announces the signing of a share purchase agreement for the purpose of acquiring forty percent (40%) of the share capital of Al Raeda Industrial Investment Company (Al Raeda), by way of an increase in ASLAK’s capital through the issuance of new shares (consideration shares) to the Selling Shareholders of Al Raeda (the “Acquisition Transaction”)
Element List Explanation Introduction With reference to the announcement of United Wire Factories Company (“Aslak”) published on the Saudi Exchange (Tadawul) website on 30/06/1446H (corresponding to 31/12/2024G) regarding the signing of a non-binding memorandum of understanding with Al Raeda Industrial Investment Company (“Al Raeda” or the “Target Company”)...
12Nov
