Riyadh Cables Group Company: Business Overview, Financials & Competitive Analysis
Riyadh Cables Group Company scores 8/10 on the AskCyborg Cyborg Score (Strong). Market-leading cable manufacturer with strong regional presence, robust H1-25 financials, and exposure to Vision 2030 infrastructure growth in Saudi Arabia. The company registered SAR 5.2 billion in sales in H1-25 with 63% profit surge, demonstrating robust financial performance and growth momentum. As the largest cable manufacturer in the.
What is Riyadh Cables Group Company's industry? Riyadh Cables Group Company (riyadh-cables.com) operates in Cable and Wire Manufacturing / Electrical Equipment. AskCyborg classifies Riyadh Cables Group Company under Cable and Wire Manufacturing / Electrical Equipment in its company registry.
Riyadh Cables Group Company manufactures and supplies various types of wires and cables to the power transmission and communication sectors, serving utility, EPC, industrial, mining, oil and gas, petrochemicals, comme...
Cyborg Score thesis
Market-leading cable manufacturer with strong regional presence, robust H1-25 financials, and exposure to Vision 2030...
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Pro stress-test →Riyadh Cables Group Company manufactures and supplies various types of wires and cables to the power transmission and communication sectors, serving utility, EPC, industrial, mining, oil and gas, petrochemicals, commercial, residential, and governmental sectors. The company is the largest cable manufacturer in the Middle East and Africa, and amongst the largest cable companies globally.
Strategic Profile
Pro stress-test →The company holds the undisputable cable market leader position in Saudi Arabia, the largest cable market in the Region, supported by huge production capacity and competitiveness. The company exports its products to approximately 34 countries, with affiliates extending to 22 domestic and regional locations.
Competitive Landscape
Pro stress-test →Riyadh Cables operates in a regional cable manufacturing market with limited direct competitors in the Middle East and Africa region due to its market leadership position. The company faces international competition from global players like Prysmian and local competitors in specialized segments. Its competitive advantages stem from vertical integration, production capacity, local content, and established distribution network across 22 regional locations.
Industry Context
Riyadh Cables Group Company operates in Cable and Wire Manufacturing / Electrical Equipment.
Key facts
Founded: 1984 · Headquarters: Riyadh, Saudi Arabia · Employees: 427 · Revenue: $1.39B · Market cap: $4.95B