Riyadh Cables Group Co. made a net profit of SAR 537 million for the first half of 2025, a rise of 63% from SAR 330 million in the year-earlier period, as revenue rose on an increase of sales volume.
Item | 6m 2024 | 6m 2025 | Change |
---|---|---|---|
Revenues | 4,077.69 | 5,203.89 | 27.6 % |
Gross Income | 552.77 | 870.23 | 57.4 % |
Operating Income | 406.08 | 619.20 | 52.5 % |
Net Income | 329.64 | 535.47 | 62.4 % |
Average Shares | 150.00 | 150.00 | - |
Earnings Per Share before unusual items (Riyals) | 2.20 | 3.57 | 62.4 % |
EPS (Riyal) | 2.20 | 3.57 | 62.4 % |
Q2 2025 net profit grew 76% to SAR 280.82 million, compared to SAR 159.43 million in Q2 2024.
Item | Q2 2024 | Q2 2025 | Change |
---|---|---|---|
Revenues | 2,046.15 | 2,714.84 | 32.7 % |
Gross Income | 269.57 | 443.42 | 64.5 % |
Operating Income | 195.12 | 325.53 | 66.8 % |
Net Income | 159.43 | 279.28 | 75.2 % |
Average Shares | 150.00 | 150.00 | - |
Earnings Per Share before unusual items (Riyal) | 1.06 | 1.86 | 75.2 % |
EPS (Riyal) | 1.06 | 1.86 | 75.2 % |
Item | Q1 2025 | Q2 2025 | Change |
---|---|---|---|
Revenues | 2,489.05 | 2,714.84 | 9.1 % |
Gross Income | 426.81 | 443.42 | 3.9 % |
Operating Income | 293.66 | 325.53 | 10.9 % |
Net Income | 256.18 | 279.28 | 9.0 % |
Average Shares | 150.00 | 150.00 | - |
Earnings Per Share before unusual items (Riyal) | 1.71 | 1.86 | 9.0 % |
EPS (Riyal) | 1.71 | 1.86 | 9.0 % |
On a quarterly basis, net earnings rose 9.6% from SAR 256.18 million in Q1 2025.
Total shareholders’ equity, excluding minority interest, reached SAR 2.91 billion by June 30, 2025, compared to SAR 2.40 billion a year ago.
Be the first to comment
Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.
Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website
Comments Analysis: