25Apr
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...
05Apr
United Wire Factories Co. Board invites its shareholders to attend the Extraordinary General Assembly Meeting the (First Meeting)
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...
28Mar
Stable raw material prices lifted Q4 results; higher demand seen post-Ramadan: Aslak CEO
The fourth quarter of 2023 witnessed stable raw material prices, which eased the pressure on sales margins and thus improved the quarterly results, United Wire Factories Co.’s (Aslak) CEO Nabil Al-Amir told Argaam. The construction and civil sector products did not report a significant change in...
27Mar
United Wire Factories Co. Announces the Board of Directors’ recommendation regarding transferring the company’s statutory reserve to retained earnings
Element ListExplanationAnnouncement Detail United Wire Factories Company announces the issuance of the Board of Directors’ recommendation to the General Assembly approving the transfer of the company’s entire statutory reserve in the amount of (79,951,194) Saudi Riyals as in the financial statements ending on...
27Mar
United Wire Factories Co. announces its Annual Financial results for the period ending on 2023-12-31
Element ListCurrent YearPrevious Year%ChangeSales/Revenue 792.81,026.4-22.76 Gross Profit (Loss) 64.1107.3-40.26 Operational Profit (Loss) 26.267.2-61.01 Net profit (Loss) 20.456.7-64.02 Total Comprehensive Income 20.757.8-64.19 Total Share Holders Equity (After Deducting the Minority Equity) 372449.5-17.24 Profit (Loss) per Share 0.631.61 All...
22Feb
Aslak opens new factory in Al Kharj
United Wire Factories Co. (Aslak) inaugurated its new factory in Al Kharj Industrial City, spanning 15,000 square meters. In a statement to Argaam, the company revealed that the factory's initial production capacity is 90,000 tons annually, which will increase to 150,000 tons in the second...
16Nov
Aslak CEO: Al-Raeda acquisition to boost revenue, expand reach
United Wire Factories Co.'s (Aslak) memorandum of understanding (MoU) for the potential acquisition of a stake in Al-Raeda Industrial Investment Co. aims to boost the company's revenue and allow new investments, CEO Nabil Al-Amir told Argaam. He added that Al-Raeda operates in a different industrial...
14Nov
United Wire Factories Co. announces signing a Memorandum of Understanding with ALRAEDA INDUSTRIAL INVESTMENT Co.
Element ListExplanation Introduction United Wire Factories Company Announces the signing of a Memorandum of Understanding with ALRAEDA INDUSTRIAL INVESTMENT Company To potentially acquire a share in the company’s ownership upon reaching a final agreement between the two parties ...
05Nov
