United Wire Factories Co. (Aslak) reported a net profit decline of 68% to SAR 5.2 million in 2025, compared to SAR 16.2 million a year earlier.
| Item | 2024 | 2025 | Change |
|---|---|---|---|
| Revenues | 707.29 | 770.50 | 8.9 % |
| Gross Income | 57.92 | 49.20 | (15.0 %) |
| Operating Income | 22.50 | 10.60 | (52.9 %) |
| Net Income | 16.23 | 5.20 | (68.0 %) |
| Average Shares | 28.08 | 28.08 | - |
| Earnings Per Share before unusual items (Riyals) | 0.58 | 0.19 | (68.0 %) |
| EPS (Riyal) | 0.58 | 0.19 | (68.0 %) |
Profit margins came under pressure, despite higher sales year-on-year (YoY) in 2025.
| Item | Q4 2024 | Q4 2025 | Change |
|---|---|---|---|
| Revenues | 179.89 | 223.17 | 24.1 % |
| Gross Income | 13.84 | 13.40 | (3.2 %) |
| Operating Income | 6.40 | 6.30 | (1.6 %) |
| Net Income | 1.97 | 1.13 | (42.7 %) |
| Average Shares | 28.08 | 28.08 | - |
| Earnings Per Share before unusual items (Riyal) | 0.07 | 0.04 | (42.7 %) |
| EPS (Riyal) | 0.07 | 0.04 | (42.7 %) |
| Item | Q3 2025 | Q4 2025 | Change |
|---|---|---|---|
| Revenues | 201.11 | 223.17 | 11.0 % |
| Gross Income | 13.51 | 13.40 | (0.8 %) |
| Operating Income | 3.02 | 6.30 | 108.6 % |
| Net Income | 2.68 | 1.13 | (58.0 %) |
| Average Shares | 28.08 | 28.08 | - |
| Earnings Per Share before unusual items (Riyal) | 0.10 | 0.04 | (58.0 %) |
| EPS (Riyal) | 0.10 | 0.04 | (58.0 %) |
Aslak’s net profit dropped 42.7% YoY to SAR 1.13 million in Q4 2025 and 58% quarter-on-quarter.
On a quarterly basis, net earnings fell 58% from SAR 2.68 million in Q3 2025.
Total shareholders’ equity, with no minority interest, fell to SAR 355.7 million by Dec. 31, 2025, from SAR 367.5 million in the year before.
Be the first to comment
Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.
Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website
Comments Analysis: