01Aug
21Jul
The CEO of the Saudi Wire Union, Nabil Al-Amir, told CNBC Arabia: The increase in profits for the first half of 2022 is due to the growth in sales volumes and high profit margins
https://www.cnbcarabia.com/videos_pickup/aslak_video.mp4 In an interview with CNBC Arabia, CEO of the Saudi Wire Union, Nabil Al-Amir, indicated that the reasons behind the company's increase in profits in the first half of this year on an annual basis are due to the growth in sales volume and high...
21Jul
United Wire Factories Co. announces its Estimated Interim Financial Results for the Period Ending on 2022-06-30 ( Six Months )
Element ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% ChangeSales/Revenue 208.3217.7-4.32298.8-30.29 Gross Profit (Loss) 29.121.237.2638-23.42 Operational Profit (Loss) 18.916.713.1728.6-33.92 Net Profit (Loss) after Zakat and Tax 16.214.114.8926-37.69 Total Comprehensive Income 16.214.114.8926-37.69 All figures are in (Millions) Saudi Arabia, Riyals Element...
05Jun
United Wire Factories Co. Announces an update on United Wire Factories Co. announces signing a Memorandum of Understanding with Themar for Food and Catering Company
Element ListExplanation Introduction In reference to the announcement by United Wire Factories Company on October 24, 2021, regardin signing a (non-binding) memorandum of understanding (MOU) with Thimar Food and Catering Company (Themar) for the possible acquisition of a stake in the...
19May
The United Wire Factories Co. announces the latest developments regarding its previous announcement of signing a memorandum of understanding with A-1 Fence DMCC (UAE) for the possible acquisition of a stake in the ownership of A-1 Fence Arabia Company for Industry (a foreign limited company)
Element ListExplanation Introduction Further to the announcement by the United Wire Factories Co. of signing a (non-binding) Memorandum of Understanding on February 20, 2022 AD with A-1 Fence DMCC (UAE) for the possible acquisition of a stake in the ownership of...
12May
United Wire Factories Co. announces its Interim Financial Results for the Period Ending on 2022-03-31 ( Three Months )
Element ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% ChangeSales/Revenue 298.8226.631.862291.32.574 Gross Profit (Loss) 3828.135.23119.594.871 Operational Profit (Loss) 28.618.653.76310.6169.811 Net Profit (Loss) after Zakat and Tax 2616.161.497.9229.113 Total Comprehensive Income 2616.161.497.9229.113 All figures are in (Millions) Saudi Arabia, Riyals Element...
28Apr
United Wire Factories Co. Announces an update on United Wire Factories Co. announces signing a Memorandum of Understanding with Themar for Food and Catering Company
Element ListExplanation Introduction Further to the announcement of the United Wire Factories Co. on October 24, 2021 about signing a (non-binding) memorandum of understanding with Themar Food and Catering Co. for the possible acquisition of a share in the ownership of...
19Apr
CEO of Saudi Wire Union Company to CNBC Arabia: The impact of high raw material costs due to the war is limited on the company
https://www.cnbcarabia.com/videos_pickup/_____________________[63].mp4 Nabil Al-Amir, CEO of the Saudi Wire Factories company, said in a meeting with CNBC Arabian, that the Russian-Ukrainian war has generally affected the prices of basic raw materials and supply chains. The prince noted that the company's approach was not to resort to commercial borrowing,...
18Apr
United Wire Factories Co. announces its Estimated Interim Financial Results for the Period Ending on 2022/03/31 ( Three Months )
Element ListCurrent QuarterSimilar quarter for previous year% ChangePrevious Quarter% ChangeSales/Revenue 298.8226.631.862291.32.574 Gross Profit (Loss) 3828.135.23119.594.871 Operational Profit (Loss) 28.618.653.76310.6169.811 Net Profit (Loss) after Zakat and Tax 2616.161.497.9229.113 Total Comprehensive Income 2616.161.497.9229.113 All figures are in (Millions) Saudi Arabia, Riyals...
13Apr
