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 an update on Announcement of Aslak of signing of a share purchase agreement for the purpose of acquiring forty percent (40%) of the share capital of Al Raeda Industrial Investment Company.
Element ListExplanation Introduction With reference to the announcement of United Wire Factories Company (“Aslak”) published on... read more
United Wire Factories Co. announces its Annual Financial results for the period ending on 2025-12-31
Element List
Current Year
Previous Year
%Change
Sales/Revenue
770.5
707.3
8.94
Gross Profit (Loss)
49.2
57.9
-15.03
Operational Profit (Loss)
10.6
22.5
-52.89
Net Profit (Loss) Attributable to Shareholders of the Issuer
-
-
-
Total... 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 Interim Financial Results for the Period Ending on 2021-09-30 ( Nine Months )
Element ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% ChangeSales/Revenue 185.7160.215.917217.7-14.699 Gross Profit (Loss) 16.928.3-40.28221.2-20.283 Operational Profit (Loss)... read more
United Wire Factories Co. Announces Board’s Recommendation to Decrease the Company’s Capital
ELEMENT LIST
EXPLANATION
Date of Board Meeting
2020-01-13 Corresponding to 1441-05-18
Capital before decrease
No English translation, kindly refer to the Arabic version
Capital after decrease
No... read more
Addendum Announcement from United Wire Factories Co. in regards to the year 2025 financial Results
Element List
Explanation
Introduction
With reference to the company's announcement of its annual financial results for 2025, we would like to... read more
United Wire Factories Company (ASLAK) Invites Its Shareholders To Attend the 15th Ordinary General Assembly Meeting (The First Meeting)
... read more
United Wire Factories Co. announces its Interim Financial Results for the Period Ending on 2022-06-30 ( 6 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)... 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
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... read more
