United Wire Factories Company reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was SAR 227.16 million compared to SAR 298.79 million a year ago. Net income was SAR 4.51 million compared to SAR 26.02 million a year ago.

Basic earnings per share from continuing operations was SAR 0.13 compared to SAR 0.74 a year ago.