United Wire Factories Co. announces its Estimated Interim Financial Results for the Period Ending on 2022/03/31 ( Three Months ) - United Wire Factories Company

Element List	Current Quarter	Similar quarter for previous year	% Change	Previous Quarter	% Change
Sales/Revenue	298.8	226.6	31.862	291.3	2.574
Gross Profit (Loss)	38	28.1	35.231	19.5	94.871
Operational Profit (Loss)	28.6	18.6	53.763	10.6	169.811
Net Profit (Loss) after Zakat and Tax	26	16.1	61.49	7.9	229.113
Total Comprehensive Income	26	16.1	61.49	7.9	229.113
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	% Change
Total Share Holders Equity (after Deducting Minority Equity)	452.4	438.6	3.146
Profit (Loss) per Share	0.74	0.46
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Explanation
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is	The reason for the increase in net profit for the current quarter compared to the same quarter of the previous year is due to the growth in sales volume despite the increase in selling and general expenses and the decrease in expenses charged to trade debtors
The reason of the increase (decrease) in the net profit during the current quarter compared to the previous period of the current year is	The reason for the increase in net profit for the current quarter (first 2022) compared to the previous quarter (fourth 2021) is mainly due to the increase in profit margins
Statement of the type of external auditor’s report	Unmodified conclusion
Modification, Qualification or Emphasis of a Matter as Stated within the External Auditor Opinion	No remarks
Reclassification of Comparison Items	Some of the same period comparative figures were reclassified to comply with the current period comparative figures

Related Posts

United Wire Factories Co. announces its Annual Estimated 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

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 an update on United Wire Factories Co. announces signing a Memorandum of Understanding with Themar for Food and Catering Company

Element ListExplanation Introduction Further to the announcement of the United Wire Factories Co. on October 24,... read more

United Wire Factories Company (ASLAK) Invites Its Shareholders To Attend the 14th Ordinary General Assembly Meeting (The First Meeting)

Element ListExplanation Introduction The Board of Directors of Union Wire Factories Company is pleased to invite... read more

United Wire Factories Company announces the starting date of electronic voting on the 15th Ordinary General Assembly Meeting agenda (First Meeting) through means of modern technology

Element ListExplanationAnnouncement Detail United Wire Factories Company is pleased to announce to its valued shareholders the start date... 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 the distribution of cash dividend for For the first half of the year 2021 AD

Element ListExplanation Introduction United Wire Factories Company (Aslak) announces the decision of the Board of Directors... read more

Announcement Details United Wire Factories Company Announces the Execution of a Non-Binding Agreement in connection with the Acquisition of forty percent (40.0%) of Issued Shares in Al Raeda Industrial Investment Company, in return for Issuing New Shares for the Selling Shareholders of Al Raeda Industrial Investment Company in United Wire Factories Company

Element ListExplanation Introduction With reference to United Wire Factories Company's ("ASLAK" or the "Company") announcement dated... 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 Further to the announcement of the United Wire Factories Co. on October 21,... read more

United Wire Factories Co. announces its Interim Financial Results for the Period Ending on 30-09-2023 ( Nine Months )

Element ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% ChangeSales/Revenue 182.9264.1-30.75200.2-8.64 Gross Profit (Loss) 14.515.6-7.0517.2-15.7 Operational Profit (Loss)... read more