United Wire Factories Co. announces its Interim Financial results for the Period Ending on 2025-03-31 ( Three Months ) - United Wire Factories Company

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	164.8	187.2	-11.965	179.9	-8.393
Gross Profit (Loss)	10.5	15.9	-33.962	13.8	-23.913
Operational Profit (Loss)	-0.2	6.8	–	3.6	–
Net profit (Loss)	-0.6	6.1	–	2	–
Total Comprehensive Income	-0.6	6.1	–	2.4	–
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Total Shareholders Equity (after Deducting Minority Equity)	366.9	378	-2.936
Profit (Loss) per Share	-0.02	0.22
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Amount	Percentage of the capital (%)
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value	–	–
Accumulated Losses	–	–
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Explanation
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is	The reason for the decrease in sales for the current quarter (2025 AD) compared to the same quarter of the previous year (2024 AD ) is mainly due to the decrease in Sales volume
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 loss current quarter(2025) compared to profit the same quarter of the previous year(2024) is mainly due to the decrease in Sales and decrease in profit margins and decrease in the profit of investment
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is	The reason for the decrease in sales for the current quarter (2025 AD) compared to the previous quarter (2024 AD )is mainly due to the decrease in sales volume
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is	The reason for loss current quarter (first 2025) compared to profit the previous quarter of the previous year (fourth 2024) is mainly due to the decrease in Sales and decrease in profit margins
Statement of the type of external auditor’s report	Unmodified conclusion
Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion)	No comment
Reclassification of Comparison Items	“Certain comparative figures for the same period of the previous year have been reclassified to conform to the classification of the current period “
Additional Information	–

Related Posts

United Wire Factories Co. announces the distribution of cash dividend for For the 1st half of the year 2022 AD

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

Addendum Announcement from United Wire Factories Co. in regards to extension of the candidacy period for membership of the Board of Directors for the 5th session

Element ListExplanation Introduction Further to United Wire Factories Co announcement dated 06-12-2021 corresponding to 02-05-1443H regarding... read more

Corrective announcement from the United Wire Factories Company regarding its previous announcement about the latest developments regarding its signing of a memorandum of understanding with A1 Fence DMCC (UAE) to acquire a share in the ownership of A1 Fence Arabian Industrial Company, which is wholly owned by A1 Fence DMCC. (Emirati)

Element ListExplanation Date of Publishing the Previous Announcement Sought to be Corrected on Tadawul's Website 2023-10-03... read more

Aslak CEO: Al-Raeda acquisition to boost revenue, expand reach

United Wire Factories Co.'s (Aslak) memorandum of understanding (MoU) for the potential acquisition of a stake in Al-Raeda Industrial Investment... read more

United Wire Factories Co. announces its Interim Financial Results for the Period Ending on 2021-03-31 ( Three Months )

Element List Current Quarter Similar quarter for previous year %Change Previous Quarter % Change Sales/Revenue 226.6 220.4 2.813 202.8 11.735 Gross Profit (Loss) 28.1 33.5 -16.119 29.8 -5.704 Operational Profit (Loss) 18.6 17.3 7.514 19.2 -3.124 Net Profit... read more

Addendum Announcement from United Wire Factories Co. in regards to the 15th general assembly ( ordinary ) first meeting

Element ListExplanation Introduction Further to the announcement of the United Wire Factories Company on 23/08/1444... read more

Announcement Details United Wire Factories Co. announces its Interim Financial results for the Period Ending on 2024-06-30 ( Six Months )

Element ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% ChangeSales/Revenue 174.1200.2-13.036187.2-6.997 Gross Profit (Loss) 14.617.3-15.60615.9-8.176 Operational Profit (Loss)... 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

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

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