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 updates on Aslak announcement of signing of a non-binding memorandum of understanding with Al Raeda Industrial Investment Company
Element ListExplanation Introduction With reference to the announcement of United Wire Factories Co. (Aslak) on Tadawul... read more
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... 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
Aslak opens new factory in Al Kharj
United Wire Factories Co. (Aslak) inaugurated its new factory in Al Kharj Industrial City, spanning 15,000 square meters.
In a... read more
United Wire Factories Co. announces to Invites its Shareholders to Attend the ( First Meeting ) Ordinary General Assembly Meeting
Element List
Explanation
Introduction
The Board of Directors of United Wire Factories Company is pleased to invite its shareholders to attend... read more
United Wire Factories Co. announces its estimated Interim Financial Results for the Period Ending on 2021-06-30 ( Six Months )
Element List
Current Quarter
Similar quarter for previous year
%Change
Previous Quarter
% Change
Sales/Revenue
217.7
194.3
12.043
226.6
-3.927
Gross Profit (Loss)
21.2
22.1
-4.072
28.1
-24.555
Operational Profit (Loss)
16.7
14.6
14.383
18.6
-10.215
Net Profit... read more
United Wire Factories Co. Announces the Results of the Ordinary General Assembly Meeting (First Meeting)
Element List
Explanation
Introduction
United Wire Factories Co. Board of Directors is pleased to announce the results of the Ordinary General... read more
An addendum announcement from the United Wire Factories Company regarding its previous announcement inviting its shareholders to attend the 16th Extraordinary General Assembly Meeting (the first meeting)
Element ListExplanation Introduction A reference to the company's announcement containing the invitation to attend the sixteenth... read more
United Wire Factories Co. announces its Interim Financial Results for the Period Ending on 2022-03-31 ( Three Months )
Element ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% ChangeSales/Revenue 298.8226.631.862291.32.574 Gross Profit (Loss) 3828.135.23119.594.871 Operational Profit (Loss)... read more
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... read more
