News

03Nov

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...
12Aug

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...
08Aug

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...
16May

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...
13May

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...
01May

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....
25Apr

United Wire Factories Company announces the starting date of electronic voting on the 17th Extraordinary General Assembly meeting agenda (First Meeting) through means of modern technology

Element ListExplanationAnnouncement Detail United Wire Factories Company is pleased to announce to its esteemed shareholders the date of the start of electronic voting on the items of the seventeenth extraordinary general assembly meeting, which is scheduled to be held at exactly eight-thirty in...
23Apr

United Wire Factories Co. Board invites its shareholders to attend the Extraordinary General Assembly Meeting the ( First Meeting ) – Reminder announcement

Element List Explanation Introduction The Board of Directors of United Wire Factories Company is pleased to invite its shareholders to participate and vote in the seventeenth extraordinary general assembly meeting (first meeting), which is scheduled to be held at exactly eight thirty in the evening on...