Monday, 4 August 2025

Riyadh Cables Group Company’s Q2 Profits Jump 75% to SAR 279.4 Mln

Riyadh Cables Group Company announced on Sunday that its net profit jumped 75.3% to SAR 279.4 million in the second quarter of 2025, compared with SAR 159.4 million in the same quarter last year. This came after the announcement today of the estimated financial results for the period ending June 30, 2025.

Operational profit reached SAR 323.6 million in the second quarter of 2025, compared with SAR 197.9 million in the same quarter of the previous year, an increase of 63.5%.

Profits per share reached SAR 3.58 in the second quarter, compared with SAR 2.2 in the same quarter of the previous year.

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