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

08 August 2024 06:10 AM

ASLAK 1301 3.02% 25.56 0.75

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	174.1	200.2	-13.036	187.2	-6.997
Gross Profit (Loss)	14.6	17.3	-15.606	15.9	-8.176
Operational Profit (Loss)	5.4	7.5	-27.999	7.8	-30.769
Net profit (Loss)	4.2	5.5	-23.636	6.1	-31.147
Total Comprehensive Income	4.2	5.5	-23.636	6.1	-31.147
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Sales/Revenue	361.4	427.3	-15.422
Gross Profit (Loss)	30.6	33.8	-9.467
Operational Profit (Loss)	13.2	13.5	-2.222
Net profit (Loss)	10.3	10	3
Total Comprehensive Income	10.3	10	3
Total Shareholders Equity (after Deducting Minority Equity)	382.2	459.5	-16.822
Profit (Loss) per Share	0.37	0.28
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 (2024 AD) compared to the same quarter of the previous year (2023 AD ) 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 the decrease in net profit for the current quarter(2024) compared to the same quarter of the previous year(2023) to the decrease in Sales volume.
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 (2024 AD) compared to the previous quarter (2024 AD ) 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 the decrease in the net profit for the current quarter (second 2024) compared to the previous quarter of the current year (first 2024) to the decrease in Sales volume and decrease the profit of investment .
The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is	The reason for the decrease in sales for the during the current period (2024 AD) compared to the same period of the previous year (2023 AD ) to the decrease in Sales volume.
The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is	"The reason for the increase in net profit for the during the current period (2024) compared to the same period of the previous year(2023) to increase in the profit of investment Despite of decrease in Sales volume .
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	-

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