Riyadh Cables Group Company

Saudi Stock Exchange 4142.SR

Riyadh Cables Group Company Gross Profit for the year ending December 31, 2023: USD 256.69 M

Riyadh Cables Group Company Gross Profit is USD 256.69 M for the year ending December 31, 2023, a 49.30% change year over year. Gross profit is the difference between revenue and the cost of revenue, representing the profit earned from core business operations.
  • Riyadh Cables Group Company Gross Profit for the year ending December 31, 2022 was USD 171.92 M, a 39.58% change year over year.
  • Riyadh Cables Group Company Gross Profit for the year ending December 31, 2021 was USD 123.17 M, a 6.06% change year over year.
  • Riyadh Cables Group Company Gross Profit for the year ending December 31, 2020 was USD 116.14 M, a -9.10% change year over year.
  • Riyadh Cables Group Company Gross Profit for the year ending December 31, 2019 was USD 127.77 M, a 34.66% change year over year.
Key data
Date Gross Profit Operating Income EBIT EBITDA
Market news
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Saudi Stock Exchange: 4142.SR

Riyadh Cables Group Company

CEO Engineer Borjan Milorad Boro Sehovac
IPO Date Dec. 22, 2022
Location Saudi Arabia
Headquarters D, 2nd Industrial City
Employees 2,981
Sector Communication Services
Industries
Description

Riyadh Cables Group Company manufactures and supplies various types of wires and cables to the power transmission and communication sectors in the Kingdom of Saudi Arabia. The company offers wires; low and medium voltage cables; high and extra high voltage cables; overhead lines conductors cables, including overhead lines conductors, aerial bundle cables, and high temperature low sag conductors; instrumentation and control, renewable energy, and fiber optic and telephone cables; and raw materials, such as copper rod plants, aluminum rod plants, XLPE, PVC insulation compounding, and wood and steel drums. It also provides cables installation, cables jointing, on-site testing and commissioning, cables system design, installation system design, and technical training, as well as monitoring, repair, and maintenance services. In addition, the company exports its products to approximately 34 countries. Riyadh Cables Group Company was founded in 1984 and is based in Riyadh, the Kingdom of Saudi Arabia.

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StockViz Staff

January 15, 2025

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