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Producing, marketing and selling cables, electric wires, pneumatic conductors and optic fibers.
Overview
The company was established in 1984 as a limited liability company in Riyadh under the name “Saudi Modern Company for Cables Industry Ltd. (Riyadh Cables),” with a capital of SAR 7.5 million. The company produces, markets and sells cables, electric wires, conductors and optic fibers. It also manufactures electrical connections, wire extension channels made of plastic and other materials, electrical sockets and outlets, as well as insulated wires and cables made of steel, copper or aluminum. The company is also engaged in the contracting projects for high voltage cable, retail sale and installation of factory machinery, equipment and cables, and installation, repair and maintenance of lightning conductors.
Basic Information
City: | Riyadh |
Country | Saudi Arabia |
Ownership Type: | Joint Stock |
Establishment Date: | 1984 |
Commercial Register: | 1010052927 |
Website: | www.riyadh-cables.com |
mouaaz.alyounes@riyadh-cables.com | |
Phone | +966 11 265 0850 |
Fax | +966 11 265 4061 |
Address | Al-Kharj Road - Second Industrial Area - Riyadh 11496 |
PO Box | 26862 |
Argaam Classification
Industry Peers
Saudi Cable Co. |
Middle East Specialized Cables Co. |
Financials Highlights (M )
Company Size
Trading Data
Stock Market : | TASI |
Fiscal Year End : | December |
Free Float (M) : | 130.11 |
Free Float % : | 86.74 |
Weight in Index % : | 0.51 |
3M Average Volume : | 256,026 |
3M Average Transactions : | 2,324 |
Change(12M) % : | 59.93 |
Major Shareholders
Name | Number of Shares (M) | Holding |
---|---|---|
Abdulqader Al Muhaidib & Sons Co. | 35.99 | 23.99 % |
AL-AKAF DEV LTD CO | 20.00 | 13.33 % |
Ahmed Samer Hamdi Saad Al-Din Al-Zaim | 13.98 | 9.32 % |
Almi Company Ltd. | 13.97 | 9.31 % |
AFAK ALHIKMA DEV CO | 10.01 | 6.67 % |
Subsidiaries & Associates
Company | Country | Percentage |
---|---|---|
Riyadh Cable. | Saudi Arabia | 100.00 % |
Riyadh Cables and Metals | Saudi Arabia | 100.00 % |
Cable Ltd. | Saudi Arabia | 100.00 % |
Riyadh Electrical Wires | Saudi Arabia | 100.00 % |
Riyadh Telephone Cables | Saudi Arabia | 100.00 % |
Gulf and Riyadh Electric Wires Cables | Kuwait | 50.00 % |
Investments
Company | Percentage |
---|---|
Insulating Materials International | 19.70 % |
NGDC | 7.67 % |