United Wire Factories Co. announces its interim Financial results (estimated ) for the period ending on 2019-03-31 ( Three Months )

08 April 2019 08:01 AM

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Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	192.8	145	32.965	137.7	40.014
Total Profit (Loss)	21.1	19.3	9.326	2.4	779.166
Profit (Loss) Operational	13.4	11.1	20.72	-6	-
Net Profit (Loss) after Zakat and Tax	10.1	7.7	31.168	-8.4	-
Total Comprehensive Income	10.1	7.7	31.168	-7.9	-
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)	516.6	530.6	-2.638
Profit (Loss) per Share	0.23	0.18
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Explanation
Reason for increase (decrease) in net profit for current quarter compared to the same quarter of the previous year	The increase in net income for the first quarter of 2019 compared to the same quarter of 2018 is due to the increase in sales as a result of Demand improvement , in addition to thea decrease of the administration and general expenses.
Reason for increase (decrease) in net profit for current quarter compared to the previous quarter	The increase in net income for the first quarter of 2019 compared to previous Quarter ( 4th quarter of 2018 ) is due to the increase in sales as a result of demand improvement , in addition to the decrease of the product cost , and the decrease in general and administration expenses .
Type of the external auditor's opinion	Unmodified opinion

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