12May
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
United Wire Factories Co. announces the board of director’s decision to distribute cash dividends for From the profit balance up to the end of the 4th quarter of 2024 and the nine-month period of 2025
Element ListExplanation Introduction United Wire Factories Company ASLAK announces the decision of the Board of Directors to distribute cash dividends to shareholders for From the profit balance up to the end of the4th quarter of 2024 and the nine-month period of...
09Nov
United Wire Factories Co. announces its Interim Financial results for the Period Ending on 2025-09-30 ( Nine Months )
Element List Current Quarter Similar quarter for previous year %Change Previous Quarter % Change Sales/Revenue 201.1 166 21.144 181.4 10.859 Gross Profit (Loss) 13.5 13.5 - 11.8 14.406 Operational Profit (Loss) 3 4 -25 1.5 100 Net profit (Loss) 2.7 4 -32.499 1.9 42.105 Total Comprehensive Income 2.7 4 -32.499 1.9 42.105 All figures are in (Millions) Saudi Arabia, Riyals Element List Current Period Similar period for previous year %Change Sales/Revenue 547.3 527.4 3.773 Gross Profit (Loss) 35.8 44.1 -18.82 Operational Profit (Loss) 4.3 16.1 -73.291 Net profit...
11Aug
