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.
Related Posts
United Wire Factories Co. Announces the Start of the Creditors’ Objection Period Related to the Company’s Capital Reduction (that exceeds the Company’s need)
... read more
United Wire Factories Company announces the distribution of cash dividends to shareholders for the second half of the year 2022 AD and for the period until the end of the third quarter 2023 AD
Element ListExplanation Introduction United Wire Factories Company (Aslak) announces the decision of the Board of Directors... read more
United Wire Factories Co. Board of Directors invites its shareholders to attend the Ordinary General Assembly Meeting (first meeting and the second Meeting after one hour from the first meeting)
Element List
Explanation
Introduction
The Board of Directors of United Wire Factories Co. (Aslak) is pleased to invite the valued shareholders... read more
ASLAK CEO says no conflict between capital cut, expansions
Nabil Alamir, CEO of United Wires Factories Co. (Aslak), said the planned capital cut does not reflect contraction, stressing that... read more
United Wire Factories Co. announces its board of directors’ decision to appoint the board’s chairman and vice-chairman and to form committees
Element ListExplanationAnnouncement Detail Reference to the meeting of the Fourteenth Ordinary General Assembly held on Tuesday 28/07/1443 AH... read more
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)
Element ListExplanation Introduction Further to the announcement of the United Wire Factories Company (the “Company”) on... read more
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. Announces the Results of the Ordinary General Assembly Meeting (First Meeting)
Element ListExplanation Introduction United Wire Factories Co. Board of Directors is pleased to announce the results... 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
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... read more