United Wire Factories Co (1301)

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News

19 July 2018 09:25 AM Saudi Aslak's profit soars 83% in H1

Riyadh – Mubasher: United Wire Factories Company (Aslak) on Thursday reported a 1390% surge in its profits during the second quarter of 2018. Aslak logged a net profit of SAR 7.3 million in the period between April to June, compared to SAR 499,000 …

Financial Results

23 April 2018 05:23 PM Saudi Aslak logs SAR 7.7m profit in Q1

Riyadh – Mubasher: Saudi-based United Wire Factories Company (Aslak) on Monday posted a 0.3% rise in its net profits during the first quarter of 2018, compared to the year-ago period. Aslak’s net profits amounted to SAR 7.73 million in Q1-18, up …

Financial Results

2 April 2018 10:06 AM Aslak OKs SAR 0.5/shr dividends for 2017

Riyadh – Mubasher: United Wire Factories Company (Aslak) on Monday revealed that its board recommended distributing SAR 21,937 in cash dividends for the year ended 31 December 2017, with a per-share dividend of SAR 0.5. The distributed …

Cash Dividends

14 January 2018 08:53 AM Saudi Aslak profits drop 69% in 2017 on lower sales

Riyadh – Mubasher: United Wire Factories (Aslak) on Sunday posted a sharp drop in its profits for the full-year 2017 on the back of lower sales and higher cost of goods sold. The wire firm reported SAR 25,571 in profits in the 12 months ended 31 …

Financial Results

15 October 2017 10:22 AM Aslak profits retreat 50% in Q3

Riyadh – Mubasher: United Wire Factories Company (Aslak) on Sunday stated its net profits slid 49.6% during the third quarter of 2017, compared to the year-ago period. Net profits amounted to SAR 7.2 million in Q3-17, compared to SAR 14.3 million …

Financial Results

2 May 2017 04:33 PM Aslak Q1 profits drop 55%

Riyadh - Mubasher: United Wire Factories Company (Aslak) achieved profits of SAR 7.7 million in the first quarter of 2017, compared to SAR 17.3 million in the same quarter last year, according to a bourse filing. Net profits have declined by …

Financial Results

27 March 2017 09:14 AM Aslak to distribute SAR 0.65/shr dividends for H2-16

Riyadh – Mubasher: The extraordinary general meeting (EGM) of United Wire Factories Co (Aslak) approved the distribution of cash dividends for the second half of 2016. The company will distribute 6.5% of the nominal value at SAR 0.65 per share, …

Cash Dividends

2 March 2017 10:12 AM Aslak EGM to discuss H2 dividends on 26 March

Riyadh – Mubasher: United Wire Factories Co (Aslak) invited shareholders to attend the extraordinary general meeting (EGM) on Sunday, 26 March. The EGM will discuss the distribution of 6.5% of cash dividends for the second half of 2016 at SAR 0.65 …

Cash Dividends

26 February 2017 09:12 AM Aslak board proposes 6.5% dividends payout

Mubasher: The board of United Wire Factories Co (Aslak) recommended 6.5% of cash dividends for the second half of 2016. The company will distribute SAR 0.65 per share, with an overall value of SAR 28.5 million, according to a bourse statement …

Board of Directors

28 August 2016 00:05 PM Five KSA-listed firms to adopt IFRS

Riyadh – Mubasher:  Five Saudi-listed companies announced their plans to adopt the International Financial Reporting Standards (IFRS) before the end of 2016. The five companies are: Bishah Agriculture Development, Tourism Enterprises Company …

Management Decisions

19 July 2016 09:09 AM Aslak’s board proposes SAR 44m dividends for H1

Riyadh – Mubasher: United Wire Factories Company’s (Aslak) board recommended distributing cash dividends to shareholders for the six-month period ended 30 June worth SAR 1 per shares representing 10% of the share’s par value and totaling SAR 43.88 …

Cash Dividends

17 July 2016 07:03 PM Aslak profits hit 4-year high in Q2

Riyadh - Mubasher: United Wire Factories Company (Aslak) reported SAR 38.6 million ($10.29 million) in profits in Q2-16 compared to SAR 24.9 million ($6.64 million) in the same period last year, an increase of 55%. Profits were up 124.4% …

Financial Results

11 April 2016 03:54 PM Aslak’s profit rises 24% in first quarter

Riyadh – Mubasher: United Wire Factories Co.- (Aslak) posted SAR 17.3 million ($4.6 million) net profit for the first quarter of 2016, a rise of 23.57% year-on-year from SAR 14 million ($3.73 million) in the same period a year earlier, according …

Financial Results

31 March 2016 11:12 AM Aslak shareholders nod to dividend plan

Riyadh-Mubasher: United Electronic Co. (Aslak) said its ordinary general meeting held on 30 March approved cash dividends for the second half of 2015 at 6.5% of capital, or SAR 0.65 a share, totalling SAR 28.5 million. Shareholders of record on …

Cash Dividends

24 February 2016 00:22 PM Aslak board proposes SAR 0.65/shr dividends for H2–15

Riyadh–Mubasher: The board of United Wire Factories (Aslak) recommended cash dividends for the second half of 2015 at 6.5% of the stock’s par value, or SAR 0.65 a share, totalling SAR 28.52million. The record and payout dates will be announced …

Corporate Actions

23 January 2016 01:03 PM Major events on Tadawul during 24-28 January

Mubasher: Below are the major events to be seen on Tadawul during 24-28 January:  

Corporate Actions

23 January 2016 00:41 PM Aslak opens board nomination

Riyadh – Mubasher: United Wire Factories Co. (Aslak) announced opening nomination for board membership for the new three-year term.

Corporate Actions

18 October 2015 04:03 PM Aslak earns SAR 21m in Q3

Riyadh-Mubasher: United Wire Factories Co. (Aslak) made net earnings of SAR 21 million for the third quarter ended 30 September, increasing 4% compared with SAR 20.4 million in the corresponding period a year ago. Nine-month net income decreased …

Corporate Actions

12 October 2015 04:21 PM Saudi Arabia’s Aslak Q3 profit rises 4%

Riyadh – Mubasher: United Wire Factories Co. (Aslak) posted 4% growth in net profit for the third quarter of 2015 to SAR 21 million, up from SAR 20 million in the corresponding period a year ago. The Tadawul-listed company ascribed the profit rise …

Financial Results

22 July 2015 04:11 PM Aslak board recommends SAR 35.1m cash dividends for H1

Riyadh-Mubasher: United Wire Factories Co. (Aslak) said the board recommended cash dividends for the first half of 2015 at 8% of the stock's par value, or SAR 0.80 a share, totalling SAR 35.1 million. Shareholders of record until the close of …

Corporate Actions

12 July 2015 04:30 PM Aslak profits drop 36% in H1

Riyadh-Mubasher: United Wire Factories Co. (Aslak) made net earnings of SAR 24.9 million in the second quarter of 2015, falling 17% compared with SAR 30 million in the year-ago period. Net earnings for the first six months of 2015 dropped 35.6% …

Financial Results

5 May 2015 04:32 PM Aslak to pay 66% of H2-14 profits as dividends

By Mouaaz bin SaadRiyadh-Mubasher: Aslak board proposed cash dividends for the second half of 2014 at SAR 0.5 a share, totalling SAR 21.90 million, or 66% of profits for the same period, which reached SAR 33 million.Shareholders of record on 3 May …

Company News

4 May 2015 09:22 AM Aslak shareholders approve cash dividends

Riyadh-Mubasher: Saudi Arabia's Aslak said its extraordinary general meeting held on Sunday gave a nod to the payment of cash dividends for the second half of 2014 at 5% of capital, or SAR 0.50 a share, totalling SAR 21.9 million.Shareholders of …

Corporate Actions

3 May 2015 09:39 AM Major events on Tadawul for Sunday

Riyadh-Mubasher: Investors are anticipating the following major events on the Saudi bourse on Sunday: 

Event

12 April 2015 08:44 AM Aslak posts 54% slide in Q1 profits

United Wire Factories Co.- (Aslak) announced that net profits for the first quarter of the fiscal year 2015 fell by 53.95% to SAR 14 million, from SAR 30.4 million reported in the year-ago period.The profit decline was ascribed to lower sales and …

Financial Results