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Aslak's Q3 Attributable Profit Rises; Revenue Down

MT Newswires·11/10/2026 01:03:03
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01:03 AM EST, 11/10/2026 (MT Newswires) -- United Wire Factories (SASE:1301), d/b/a Aslak, logged 8.8 million Saudi riyals in net profit attributable to shareholders of the issuer for the third quarter, compared with 2.7 million riyals a year ago. For the three months ended Sept. 30, revenue was 163.6 million riyals versus 201.1 million riyals previously, the Saudi Arabia-listed steel wire products manufacturer said Tuesday. Meanwhile, the board decided to pay a cash dividend of 1 riyal per share, payable on Nov. 30 to shareholders of record on Nov. 15. It paid 0.50 riyal per share in the year-ago period.