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Riyadh Cables

Riyadh Cables posts 7% jump in revenue

Riyadh Cables, which posted another stellar quarterly performance with revenue up 7% and gross profit up 14%, has been upgraded by Al Rajhi Capital Research from neutral to overweight with take-profit (TP) price of SR115 ($30.7) per share.&nbs

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Riyadh Cables posts 7% jump in revenue

Riyadh Cables, which posted another stellar quarterly performance with revenue up 7% and gross profit up 14%, has been upgraded by Al Rajhi Capital Research from neutral to overweight with take-profit (TP) price of SR115 ($30.7) per share.&nbs

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Riyadh Cables' net profit for 2023 soars to $138m

Riyadh Cables Group (RCG), a leading manufacturer of wires and cables in Saudi Arabia, has displayed tremendous profitability growth in FY2023, increasing the bottom-line by 47% to hit SAR518 million ($138 million), according to Al Rajhi Capit

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Riyadh Cables' net profit for 2023 soars to $138m

Riyadh Cables Group (RCG), a leading manufacturer of wires and cables in Saudi Arabia, has displayed tremendous profitability growth in FY2023, increasing the bottom-line by 47% to hit SAR518 million ($138 million), according to Al Rajhi Capit

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Riyadh Cables wins big supply contract for Dubai solar project

Saudi-based Riyadh Cables Group said it has entered into a deal with India's top engineering and construction conglomerate Larsen & Toubro (L&T) to supply high-voltage alternating current (HVAC) cable system for a major solar proje

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Riyadh Cables wins big supply contract for Dubai solar project

Saudi-based Riyadh Cables Group said it has entered into a deal with India's top engineering and construction conglomerate Larsen & Toubro (L&T) to supply high-voltage alternating current (HVAC) cable system for a major solar proje

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Riyadh Cables revenues climb to $1.8bn; net profit $93.7m

Riyadh Cables Group (RCG), Saudi Arabia’s leading manufacturer of wires and cables, has reported a revenue of SR6.9 billion ($1.838 billion) for 2022, an increase of 40.3% versus 2021. Net profit for the year amounted to SR351.9 million

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Riyadh Cables revenues climb to $1.8bn; net profit $93.7m

Riyadh Cables Group (RCG), Saudi Arabia’s leading manufacturer of wires and cables, has reported a revenue of SR6.9 billion ($1.838 billion) for 2022, an increase of 40.3% versus 2021. Net profit for the year amounted to SR351.9 million

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Riyadh Cables Group to list 22pc stake in IPO

Riyadh Cables Group, a regional pioneer in the wire and cable industry, has announced its intention to proceed with an initial public offering (IPO) and list ordinary shares equivalent to a 22% stake on the Saudi stock exchange (Tadawul).

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Riyadh Cables Group to list 22pc stake in IPO

Riyadh Cables Group, a regional pioneer in the wire and cable industry, has announced its intention to proceed with an initial public offering (IPO) and list ordinary shares equivalent to a 22% stake on the Saudi stock exchange (Tadawul).

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