Aslak’s profit up 18% to SAR 14.3M in 9M 2024; Q3 at SAR 4M

31/10/2024 Argaam Exclusive
7

United Wire Factories Co. (Aslak) reported a net profit rise of 18% to SAR 14.3 million in the first nine months of 2024, compared to SAR 12.1 million in the corresponding period last year.



Financials (M)

Item 9m 2023 9m 2024 Change‬
Revenues 610.23 527.39 (13.6 %)
Gross Income 48.34 44.08 (8.8 %)
Operating Income 17.70 16.10 (9.0 %)
Net Income 12.13 14.26 17.6 %
Average Shares 28.08 28.08 -
Earnings Per Share before unusual items 0.43 0.51 17.6 %
EPS (Riyals) 0.43 0.51 17.6 %

The company attributed the profit rise to higher investment earnings despite lower sales volumes.



Current Quarter Comparison (M)

Compared With The
Item Q3 2023 Q3 2024 Change‬
Revenues 182.89 166.04 (9.2 %)
Gross Income 14.58 13.52 (7.3 %)
Operating Income 4.12 4.01 (2.6 %)
Net Income 2.15 4.01 86.7 %
Average Shares 28.08 28.08 -
Earnings Per Share before unusual items 0.08 0.14 86.7 %
EPS (Riyals) 0.08 0.14 86.7 %

In Q3 2024, Aslak’s net profit surged 82% to SAR 4 million, from SAR 2.2 million in the prior-year period.

 

Net earnings declined by 4.8% from SAR 4.2 million in Q2 2024.

 

Total shareholders’ equity, no minority interest, increased to SAR 386.2 million as of Sept. 30, 2024, from SAR 391.5 million a year earlier.

View more financial results

 

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Share Price

United Wire Factories Co.
25.75
0.45 1.78 %

United Wire Factories Co. (ASLAK)

1 Day 1.78 % 5 Days 1.78 % 3 Months (9.17 %) 6 Months (11.51 %) Year (23.02 %) 2 Years (9.98 %) 5 Years 31.84 % All (27.63 %)
Created with Highstock 6.0.710:2010:4010:5011:0011:1011:2011:3011:4011:5012:0012:1012:2012:3012:5013:0013:1013:3013:4014:0014:2014:3014:4014:5015:1025.3025.4025.5025.6025.7025.8025.9026.00
Close : 25.75 | Mar 26, 15:16
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Financial Ratios
Current
Market Cap (M Riyal) 723.06
Enterprise Value (EV) (M) 678.64
Shares Outstanding ((M)) 28.08
EPS ( Riyal) (TTM) 0.58
Book Value (BV) ( Riyal) 13.09
Par Value ( Riyal) 10.00
Adjusted P/E (Last12) 44.54
P/E (TTM) 44.54
Price/book 1.97
Return on Average Assets (%) (TTM) 3.6
Return on Average Equity (%) (TTM) 3.9
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Comments 7

1
1
231

abo_mohmed_56

منذ 1 سنه

الحمدلله ربح ولا خساره   سعره مغري ١٤ ريال 

2
1
231

abo_mohmed_56

منذ 1 سنه

شركات فوق ٧٠ ريال تعلن خساره

3
1
147

*أبو عمر*

منذ 1 سنه

قيمة الجنيه مشكلة أساسية للشركة

4
1
231

abo_mohmed_56

منذ 1 سنه

اسواق المزرعه ارباح ٦ مليون  وسعره فوق ٢٥ ريال 

5
6
908

الشامخ١

منذ 1 سنه

على الشركة تسعير البيع بالذهب في مصر بالدولار بشكل يومي لحل مشكلة انخفاض الجنيه او تصفية النشاط في مصر ، وعليها الاهتمام بالمشغولات ذات قيمة منخفضة نسبيا   

6
16
3140

متفائم

منذ 1 سنه

٥٦٪؜ من الايرادات تأتي من السوق المصري

7
0
16

اargam

منذ 1 سنه

مقارنه باسعار بعض الشركات مرتفعه وتعلن خسائر لازوردي فرصه ١٤ ريال وارباح جيده 

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