United Wire Factories Company reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was SAR 208.26 million compared to SAR 217.69 million a year ago. Net income was SAR 16.19 million compared to SAR 14.08 million a year ago. Basic earnings per share from continuing operations was SAR 0.46 compared to SAR 0.4 a year ago.
For the six months, sales was SAR 507.05 million compared to SAR 444.32 million a year ago. Net income was SAR 42.21 million compared to SAR 30.18 million a year ago. Basic earnings per share from continuing operations was SAR 1.2 compared to SAR 0.86 a year ago.