- Saudi Arabia
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- Metals and Mining
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- SASE:1301
United Wire Factories Third Quarter 2024 Earnings: EPS: ر.س0.14 (vs ر.س0.064 in 3Q 2023)
United Wire Factories (TADAWUL:1301) Third Quarter 2024 Results
Key Financial Results
- Revenue: ر.س166.0m (down 9.2% from 3Q 2023).
- Net income: ر.س4.01m (up 87% from 3Q 2023).
- Profit margin: 2.4% (up from 1.2% in 3Q 2023). The increase in margin was driven by lower expenses.
- EPS: ر.س0.14 (up from ر.س0.064 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
United Wire Factories' share price is broadly unchanged from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 2 warning signs for United Wire Factories that you should be aware of.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About SASE:1301
United Wire Factories
Engages in the production and marketing of steel wire products for the industrial, construction, and civil sectors in the Kingdom of Saudi Arabia.
Flawless balance sheet with questionable track record.