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 board of director’s decision to distribute cash dividends for the 4th quarter 2023 and for the period 9 months 2024
Element ListExplanation Introduction United Wire Factories Company ASLAK announces the decision of the Board of Directors... read more
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,... 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 Company (ASLAK) announces the signing of a share purchase agreement for the purpose of acquiring forty percent (40%) of the share capital of Al Raeda Industrial Investment Company (Al Raeda), by way of an increase in ASLAK’s capital through the issuance of new shares (consideration shares) to the Selling Shareholders of Al Raeda (the “Acquisition Transaction”)
Element List
Explanation
Introduction
With reference to the announcement of United Wire Factories Company (“Aslak”) published on the Saudi Exchange (Tadawul) website on... read more
United Wire Factories Co. announces its Interim Financial Results for the Period Ending on 2022-09-30 ( Nine Months )
Element ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% ChangeSales/Revenue 264.1185.742.22208.326.79 Gross Profit (Loss) 15.616.9-7.6929.1-46.39 Operational Profit (Loss)... read more
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 Co. announces its Annual Financial Results for the Period Ending on 2022-12-31
Element ListCurrent YearPrevious Year%ChangeSales/Revenue 1,026.4921.311.41 Gross Profit (Loss) 107.385.625.35 Operational Profit (Loss) 67.256.419.15 Net Profit (Loss)... read more
United Wire Factories Co. Announces the Results of the Extraordinary General Assembly Meeting (First Meeting)
Element ListExplanation Introduction United Wire Factories company Board of Directors is pleased to announce the results... read more
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... read more
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... read more
