16Mar
18Feb
United Wire Factories Co. announces the distribution of cash dividend for the second half of the year 2020 AD
Element ListExplanation Introduction United Wire Factories Company (Aslak) announces the decision of the Board of Directors to distribute cash dividends to shareholders for the second half of 2020 Date of the board’s decision 2021-02-16 Corresponding to 1442-07-04...
18Feb
United Wire Factories Co. announces its Annual Financial Results for the Period Ending on 2020-12-31
Element List Current Year Previous Year %Change Sales/Revenue 777.3 724.4 7.302 Gross Profit (Loss) 113.5 61.6 84.253 Operational Profit (Loss) 72.3 32.9 119.756 Net Profit (Loss) after Zakat and Tax 62.1 22.1 180.995 Total Comprehensive Income 61.7 23.2 165.948 Total Share Holders Equity (after Deducting Minority Equity) 457.6 518.8 -11.796 Profit (Loss) per Share 1.51 0.5 All figures are in (Millions) Saudi Arabia, Riyals Element List Explanation The reason of the increase (decrease)...
02Feb
CEO of Saudi Wire Union Company to CNBC Arabia: The increase in value added boosted the company’s sales and increased profit margins
The CEO of the Saudi Wire Union, Nabil Al-Amir, told CNBC Arabia that the VAT increase last year resulted in an unprecedented increase in sales, which increased profit margins last year. https://www.cnbcarabia.com/videos_pickup/ASLAK_SOT_1.transfer_Long_with_CNBC_logo.mp4 source
02Feb
Aslak’s profit margins boosted by efficient raw materials procurement: CEO
United Wire Factories Co. (Aslak) was highly-selective in managing the process of raw materials procurement to seize good opportunities, which in turn boosted profit margins and improved financial results, CEO Nabil Alamir told Argaam in an exclusive. “The global prices of raw materials started to see...
02Feb
United Wire Factories Co. announces its Annual Estimated Financial Results for the Period Ending on 2020-12-31
Element List Current Year Previous Year %Change Sales/Revenue 777.3 724.4 7.302 Gross Profit (Loss) 113.5 61.6 84.253 Operational Profit (Loss) 72.3 32.9 119.756 Net Profit (Loss) after Zakat and Tax 62.1 22.1 180.995 Total Comprehensive Income 61.7 23.2 165.948 Total Share Holders Equity (after Deducting Minority Equity) 457.6 518.8 -11.796 Profit (Loss) per Share 1.51 0.5 All figures are in (Millions) Saudi Arabia, Riyals Element List Explanation The reason of the increase (decrease)...
10Jun
ASLAK CEO to CNBC Arabia: After two months of decline, the demand has started to recover since the beginning of this June
The CEO of ASLAK "Nabil Al-Amir" said that the demand was negatively affected during the months of April and May as a result of the precautionary measures taken to reduce the outbreak of the COVID-19 pandemic, but on the other hand, the "Al-Amir" stated that...
10Jun
The Capital Market Authority Approves United Wire Factories Company’s Request to Reduce its Capital
The CMA has issued its resolution approving United Wire Factories Company's request to reduce its capital from SAR (438,750,000) to SAR (351,000,000), thus reducing the number of shares from (43,875,000) shares to (35,100,000) shares. This approval is conditional on the Company’s extraordinary general assembly approval...
11Mar
United Wire Factories Co. Announces the Submission of the Decrease of the Company’s Capital Application File to CMA
ELEMENT LIST EXPLANATION Introduction No English translation, kindly refer to the Arabic version Date of Submitting the Application File to CMA 2020-03-10 Corresponding to 1441-07-15 Application Subject No English translation, kindly refer to the Arabic version Date of Announcing Board Recommendation to Decrease the Company's Capital on Tadawul's Website 2020-01-14 Corresponding to 1441-05-19 Additional Information No...
27Feb
