United Wire Factories Full Year 2023 Earnings: EPS: ر.س0.63 (vs ر.س1.62 in FY 2022)

United Wire Factories (TADAWUL:1301) Full Year 2023 Results

Key Financial Results

• Revenue: ر.س792.8m (down 23% from FY 2022).
• Net income: ر.س20.4m (down 64% from FY 2022).
• Profit margin: 2.6% (down from 5.5% in FY 2022). The decrease in margin was driven by lower revenue.
• EPS: ر.س0.63 (down from ر.س1.62 in FY 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

United Wire Factories shares are down 2.4% from a week ago.

Risk Analysis

Be aware that United Wire Factories is showing 2 warning signs in our investment analysis and 1 of those doesn't sit too well with us...

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