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.
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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)... read more
United Wire Factories Co. Board invites its shareholders to attend the Extraordinary General Assembly Meeting the (First Meeting)
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Explanation
Introduction
The Board of Directors of United Wire Factories Company is pleased to invite its shareholders to participate... read more
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... read more
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... read more
United Wire Factories Co. announces the results of the Sixteenth Extraordinary General Assembly Meeting, which included the approval of reducing the company’s capital (first meeting)
Element ListExplanation Introduction United Wire Factories Co. announces the results of the Extraordinary Sixteenth Extraordinary General... read more
United Wire Factories Co. announces its Annual Estimated Financial Results for the Period Ending on 2022-12-31
Element ListCurrent YearPrevious Year%ChangeSales/Revenue 1,026.4921.311.41 Gross Profit (Loss) 107.385.225.94 Operational Profit (Loss) 67.856.420.21 Net Profit (Loss)... read more
United Wire Factories Co. announces its Annual Financial Results for the Period Ending on 2021-12-31
Element ListCurrent YearPrevious Year%ChangeSales/Revenue 921.3777.718.464 Gross Profit (Loss) 85.6113.9-24.846 Operational Profit (Loss) 56.472.3-21.991 Net Profit (Loss)... read more
United Wire Factories Co. Announces to its Shareholders the Starting Date of the Electronic Voting on the Agenda of the Ordinary General Assembly Meeting (First Meeting)
Element ListExplanationAnnouncement Detail Reference to the announcement of United Wire Factories Co. (Aslak) on the Saudi Exchange (Tadawul)... read more
Taking a business global is as much about embracing uncomfortable paradigms as it is about competing with global giants
NABIL H. AL-AMIR
CEO Of United Wire Factories Company
MOHAMMED RAFEA
CEO of Riyadh Cables Group Company
What is your company's strategy going forward... read more
United Wire Factories Co. announces its Interim Financial results for the Period Ending on 2025-03-31 ( Three Months )
Element ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% ChangeSales/Revenue 164.8187.2-11.965179.9-8.393 Gross Profit (Loss) 10.515.9-33.96213.8-23.913 Operational Profit (Loss)... read more
