Riyadh – Mubasher: The net profits attributable to the shareholders of Riyadh Cables Group Company hit SAR 281.96 million in the first quarter (Q1) of 2026, an annual rise of 10.06% from SAR 256.18 million.
The group generated 11.19% year-on-year (YoY) higher revenues at SAR 2.76 billion in January-March 2026, versus SAR 2.48 billion, according to the interim financial results.
The earnings per share (EPS) hit SAR 1.88 as of 31 March 2026, compared to SAR 1.71 in Q1-25.
Quarterly, the Q1-26 net profits climbed by 7.03% from SAR 263.43 million in Q4-25, while the revenues increased by 1.08% from SAR 2.73 billion.
In 2025, the group’s net profits hiked by 32.29% YoY to SAR 1.08 billion from SAR 816.69 million.