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19/01/2014 09:08 AST
Net profit of United Wire Factories Company (ASLAK) during the 4th Q 2013 amounted to SAR 25 million versus SAR 31.1 million for the same quarter of last year with a decrease of 19.61 %, compared to SAR 23.3 million for the previous quarter with an increase of 7.3 %.
Gross profit during the 4th Q of 2013 added up to SAR 32.6 million versus SAR 37.8 million for the same quarter of last year, a decrease of 13.76 percent.
Operating profit decreased 20.39 % to SAR 24.6 million during 4thQuarter of 2013 versus SAR 30.9 million for the same quarter of last year.
While, net profit during 2013 showed an increase of 5.37 percent with SAR 121.6 million versus SAR 115.4 million for the last year 2012.
EPS of ASLAK during 2013 recorded as SAR 3.12 per share versus 2.96 SAR/Share for the same period last year 2012.
The total gross profit during 2013 is recorded as SAR 150.9 million versus SAR 137.8 million for the last year 2012, showing increase of 9.51%.
The total operating profit of ASLAK during 2013 amounted to SAR 120.2 million versus SAR 114.7 million for the last year 2012, increasing 4.8 %.
The main reasons for the decrease in the current quarter Net Profit as compared to the previous one is due to the decrease in sales prices of some products because of the decrease in demand.
The main reason for increase in yearly net profit is due to the Decrease in some cost items.
Gulfbase.com
07/04/2014
United Wire Factories Company 'S EGM held on Sunday 06/04/2014 has approved the capital increase via bonus shares.Thus, the addition shares have been deposited into the investor's portfolios and The
Tadawul
10/01/2014
Estimated net profit of United Wire Factories Company (ASLAK) during the 4th Q 2013 amounted to SAR 25 million versus SAR 31.1 million for the same quarter of last year with a decrease of 19.61 %, co
Gulfbase.com
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| MAADEN | 59.55 | 0.00 (0.00 |
| SABIC | 54.95 | 0.00 (0.00 |
| SABICAGRINUTRIENTS | 116.00 | 1.00 (0.86 |
| YANSAB | 30.42 | -0.10 (-0.33 |
| LUBEREF | 94.70 | 0.75 (0.79 |
19/12/2025
In a move to consolidate its global network of destinations and provide diverse travel options to its valued customers, Kuwait Airways has announced the strengthening of its codeshare agreement with
Kuwait Times
19/12/2025
Ajman Bank has launched a digital extension to expand its bouquet of smart, customer-centric banking services.
The Digital Extension has been designed to provide customers with seamless acce
Khaleej Times
19/12/2025
Tecom Group PJSC, the creator of specialised business districts and communities in Dubai, has launched Phase 4 of Innovation Hub in Dubai Internet City to address rising demand for Grade-A office spa
Khaleej Times
19/12/2025
Acwa Power, the world's largest private water desalination company, leader in energy transition and first mover into green hydrogen, has signed a co-operation framework with the African Development B
Trade Arabia
19/12/2025
Saudia Cargo and the Saudi Export Development Authority inked a strategic memorandum of understanding, in a move set to accelerate the international reach of non-oil goods.
The agreement, si
Arab News
Financial Information Co.
Saudi Arabia