Riyadh Cables Group Co. (4142)

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News

3 November 2025 11:14 AM Riyadh Cables’ revenues near SAR 8bn in 9M-25; profits hike 45%

Riyadh - Mubasher: The net profits of Riyadh Cables Group Company reached SAR 817.18 million in the first nine months (9M) of 2025, signalling an annual surge of 45.11% from SAR 563.13 million. Earnings per share (EPS) rose to SAR 5.46 as of 30 …

Financial Results

29 October 2025 08:03 AM Riyadh Cables expands in Central Asia with 51% shareholding in Artikul Kabel

Riyadh - Mubasher: Riyadh Cables Company, a subsidiary of Riyadh Cables Group Company, signed a share purchase agreement to acquire a 51% stake in Uzbekistan-based Artikul Aziya Kabel LLC for SAR 147.69 million. The deal, signed on 27 October, is …

Mergers and Acquisitions

10 September 2025 00:31 PM Riyadh Cables’ board approves SAR 299.5m dividends for H1-25

Riyadh - Mubasher: The board of Riyadh Cables Group Company has approved interim cash dividends of SAR 299.43 million, equivalent to 20% of the company’s SAR 1.50 billion capital, for the first half (H1) of 2025. The Tadawul-listed company will …

Board of Directors

7 August 2025 07:48 AM Riyadh Cables registers SAR 5.2bn sales in H1-25; profits surge 63%

Riyadh – Mubasher: Riyadh Cables Group Company achieved a net profit worth SAR 535.61 million in the first half (H1) of 2025, higher by 63.10% than SAR 328.37 million. The group’s revenues amounted to SAR 5.20 billion as of 30 June 2025, an annual …

Financial Results

7 May 2025 02:28 PM Riyadh Cables sees over 51.5% higher net profits in Q1-25

Riyadh – Mubasher: Riyadh Cables Group Company generated net profits valued at SAR 256.23 million in the first quarter (Q1) of 2025, marking a 51.62% surge from SAR 168.99 million in Q1-24. Revenues hit SAR 2.48 billion as of 31 March 2025, up …

Financial Results

11 March 2025 01:57 PM Riyadh Cables generates nearly SAR 817m profits in 2024

Riyadh – Mubasher: Riyadh Cables Group Company registered SAR 816.88 million in net profit at the end of December 2024, up 57.55% year-on-year (YoY) from SAR 518.49 million. Revenues climbed by 15.10% to SAR 9 billion last year from SAR 7.82 …

Financial Results

23 December 2024 01:49 PM Riyadh Cables’ strong backlog in 9M-24 provides revenue visibility for near term – Aljazira Capital

Riyadh – Mubasher: The order backlog of Riyadh Cables Group Company reached SAR 4.90 billion at the end of the first nine months (9M) of 2024, providing strong revenue visibility for the near term, according to a report by Aljazira Capital …

Financial Results

6 August 2024 11:06 AM Riyadh Cables posts 19.5% jump in H1-24 net profits

Riyadh – Mubasher: The net profits of Riyadh Cables Group Company hiked by 30.39% to SAR 328.37 million in the first half (H1) of 2024 from SAR 251.83 million in H1-23. The Saudi firm witnessed revenues amounting to SAR 4.07 billion in H1-24, a …

Financial Results

13 May 2024 00:03 PM Riyadh Cables achieves SAR 169m in Q1-24 interim financials

Riyadh – Mubasher: Riyadh Cables Group Company generated 35.31% year-on-year (YoY) higher net profits at SAR 168.99 million in the first quarter (Q1) of 2024, compared to SAR 124.89 million. The revenues stood at SAR 2.03 billion in January-March …

Financial Results

7 March 2024 11:31 AM Riyadh Cables’ net profit jumps 47% YoY in 2023; dividends recommended

Riyadh – Mubasher: The net profits of Riyadh Cables Group Company surged 47.36% YoY to SAR 518.49 million in 2023 from SAR 351.86 million. Revenues grew 14.20% YoY to SAR 7.82 million last year from SAR 6.85 million, according to the annual …

Financial Results

30 October 2023 01:48 PM Riyadh Cables posts SAR 384.5m net profits in 9M-23

Riyadh – Mubasher: The net profits after Zakat and tax of Riyadh Cables Group Company amounted to SAR 384.53 million in the first nine months (9M) of 2023, marking a 56.34% jump from SAR 245.96 million in 9M-22. The earnings per share (EPS) …

Financial Results

4 October 2023 08:05 AM Riyadh Cables to pay SAR 150m dividends for H1-23

Riyadh – Mubasher: Riyadh Cables Group Company decided to pay out cash dividends amounting to SAR 149.97 million, representing 10% of the capital, for the first half (H1) of 2023. A dividend of SAR 1 per share will be distributed among 149.97 …

Cash Dividends

10 August 2023 10:41 AM Riyadh Cables records hike in H1-23 financials; revenues hit SAR 3.85bn

Riyadh – Mubasher: Riyadh Cables Group Company posted net profits after Zakat and tax worth SAR 251.83 million in the first half (H1) of 2023, marking a 64.22% jump from SAR 153.35 million in H1-22. Revenues hiked by 18.52% year-on-year (YoY) to …

Financial Results

7 May 2023 10:03 AM Riyadh Cables posts nearly 48% higher profits in Q1-23

Riyadh – Mubasher: The net profits after Zakat and tax of Riyadh Cables Group Company hiked by 47.87% year-on-year (YoY) to SAR 124.89 million in the first quarter (Q1) of 2023 from SAR 84.45 million. The group posted revenues amounting to SAR …

Financial Results

13 March 2023 08:14 AM Riyadh Cables’ profits near SAR 352m in 2022; dividends proposed

Riyadh – Mubasher: Riyadh Cables Group Company logged net profits after Zakat and tax worth SAR 351.86 million in 2022, an annual hike of 46.61% from SAR 239.99 million. Revenues enlarged by 40.32% to SAR 6.85 billion last year from SAR 4.88 …

Board of Directors

19 December 2022 11:19 AM EFG Hermes completes listing of Riyadh Cables' SAR 1.4bn IPO on Tadawul

Riyadh - Mubasher: EFG Hermes has concluded advisory on the SAR 1.40 billion ($378 million) initial public offering (IPO) of Saudi power cables manufacturer Riyadh Cables Group Company (RCGC) on the Saudi Exchange (Tadawul). The landmark listing …

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