
"Sector" = median of Industrials across 131 companies
Riyadh Cables Group Co. is a leading manufacturer of electrical cables and wires in Saudi Arabia, serving the energy, construction, and industrial sectors. The company produces a wide range of products including low, medium, and high voltage cables, overhead transmission lines, and specialty cables for oil, gas, and petrochemical applications. With a strong focus on quality and innovation, it has become a key supplier for major infrastructure and electrification projects in the Kingdom and the broader Middle East.
The company generates revenue primarily through the sale of electrical cables and related products to contractors, distributors, and government entities. Its business model relies on long-term contracts with large-scale projects, as well as recurring orders from industrial clients. Revenue is driven by demand from the construction, energy, and utilities sectors. The recent quarterly results show consistent revenue growth, with 2026Q1 revenue reaching 2.77 billion SAR, supported by a healthy order backlog.
Riyadh Cables operates in the Electrical Equipment & Parts industry within the Industrials sector. It competes with other regional cable manufacturers such as Saudi Cable Company and Al Fanar. The company holds a strong market position due to its extensive product portfolio, local manufacturing capabilities, and adherence to international standards. Its competitive advantages include proximity to key markets, cost efficiencies, and a reputation for reliability. The industry is benefiting from increased infrastructure spending and renewable energy projects in Saudi Arabia.
The company's primary customers are construction firms, electrical contractors, utilities, and government agencies involved in infrastructure development. Its main geographic market is Saudi Arabia, where it capitalizes on the country's Vision 2030 initiatives, including mega-projects like NEOM and Red Sea Project. It also exports to neighboring Gulf countries and other Middle Eastern markets. The target audience includes both private and public sector entities requiring high-quality cabling solutions for power transmission and distribution.
An auto-generated descriptive profile based on company data, for informational purposes only.
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Latest saved period: March 2026 · 2026-03-31
Cash dividends by ex-date, not an investment recommendation.
| Ex-date | Amount | Payment date | Period |
|---|---|---|---|
| Sep 30, 2025 | 2.00 SAR | — | — |
| Apr 20, 2025 | 2.00 SAR | — | — |
| Sep 22, 2024 | 1.50 SAR | — | — |
| Apr 22, 2024 | 1.50 SAR | — | — |
| Oct 17, 2023 | 1.00 SAR | — | — |
| Jun 21, 2023 | 1.50 SAR | — | — |
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