United Wire Factories Reports SAR 0.18 Earnings Per Share in 2025
ASLAK 1301.SA | 0.00 |
| 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 Comprehensive Income Attributable to Shareholders of the Issuer | - | - | - | ||
| Total Shareholders Equity (after Deducting Minority Equity) | 355.7 | 367.5 | -3.21 | ||
| Profit (Loss) per Share | 0.18 | 0.58 | |||
| 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 year compared to the last year | The reason for the increase in sales amount for the current year (2025 AD) compared to the previous year (2024 AD ) to the increase in sales volume |
| The reason of the increase (decrease) in the net profit during the current year compared to the last year is | The reason for the (decrease) in the net profit for the current year ( 2025) compared to the previous year ( 2024) to the decrease in profit margins |
| Statement of the type of external auditor's report | Unmodified opinion |
| 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 remarks
" |
| 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 |
"No remarks
" |
Year-on-Year Performance Drivers
Sales increased 8.94% YoY to SAR 770.5 million primarily due to increased sales volume. However, net profit decreased significantly due to declining profit margins, with operational profit dropping 52.89% from SAR 22.5 million to SAR 10.6 million despite higher revenues. The deterioration in profitability was driven by reduced gross profit margins, which fell 15.03% from SAR 57.9 million to SAR 49.2 million.
Other Items
The auditors issued an unmodified opinion with no remarks. United Wire Factories reported no accumulated losses, with shareholders' equity declining 3.21% to SAR 355.7 million. Earnings per share decreased from SAR 0.58 to SAR 0.18. Certain comparative figures were reclassified to conform to current period classification.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=93902&anCat=1&cs=1301&locale=arImportant Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.