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Riyadh Cables Group Co.

4142
RIYADH CABLES
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  • Main Market
  • Capital Goods

Stats Overview

  • Prev. Close 41.50
  • Open 41.55
  • High 42.15
  • Low 41.50
  • No. of Trades 1,525
  • Avg. Trade size* 141
  • Volume Traded 215,124
  • Value Traded (SAR) 9,031,815.00

Performance

RIYADH CABLES
0.50 ( 1.20% )
Compare
Index Name Index Level 1D Return
Riyadh Cables Group Co. 41.55 1.20%
Note: Prices are delayed minimum 5 minutes
  • *Average Trade Size = Cumulative / # of Trades
  • **52 Week Price Change =   (Current Price - Price year ago) / Price year ago x 100
  • Historical prices & volume traded data are adjusted to account for all corporate actions.
  • MO: Market Order

Trade Updates

Last Trade

Price
42.00
% Change
1.20
Volume Traded
435

Best Bid

Price 41.90
Volume Traded 642

Best Offer

Price 42.00
Volume Traded 3,612

52 WEEK

High
43.50
2023/01/16
Low
35.60
2022/12/19
Change**
0.0

PERFORMANCE

Start of Year
37.15
Year ago
3 Years ago

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Financials

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Current Assets - - - -
Inventory - - - -
Investments - - - -
Fixed Assets - - - -
Other Assets - - - -
Total Assets - - - -
Current Liabilities - - - -
Non-Current Liabilities - - - -
Other Liabilities - - - -
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Total Liabilities and Shareholder Equity - - - -
Minority Interests - - - -
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Current Assets - - - -
Inventory - - - -
Investments - - - -
Fixed Assets - - - -
Other Assets - - - -
Total Assets - - - -
Current Liabilities - - - -
Non-Current Liabilities - - - -
Other Liabilities - - - -
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Total Liabilities and Shareholder Equity - - - -
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Shareholding Information

  • Board Of Directors
  • Foreign Ownership
  • Substantial Shareholders
Time Period
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Trading Date Shareholders Designation Shares Held Trading Day Shares Held Prev Trading Day Change
2023-01-31 محمد حكمت سعد الدين الزعيم Board of Directors 3.9000000 3.9000000 0
2023-01-31 احمد سامر حمدي سعدالدين الزعيم Board of Directors 9.3204707 9.3204707 0
  • The listed company (Publisher) shall be responsible for the accuracy of the published information pertaining to the ownership of the Board of Directors, Chief Executive Officer or highest executive position, and the Chief Financial Officer. The listed company shall also be responsible for updating these information thereof. Therefore, the Saudi Stock Exchange (Tadawul) shall not be liable for the information contained therein, nor for any consequences that may result from the said information.
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Riyadh Cables Group Co.
Price 42.00
Market Cap (SAR MN) 6,300
P/E Ratio 26.25
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Company Profile

Company overview

Riyadh Cable Group Company and its subsidiaries are among the leading companies specializing in the production of cables, electrical wires, telecommunications cables and electrical transmitters of various kinds across the Middle East and the world. Riyadh Cable Group Company and its subsidiaries are also considered to be one of the most important cable providers used in infrastructure in the Kingdom, the GCC and the Republic of Iraq. The company and its subsidiaries conduct their activities in an integrated manner as a unit at both the level of manufacturing operations and at the level of administrative, marketing and other technical aspects. The Riyadh Cables Group Company in its capacity as an owner of subsidiaries provides administrative, commercial, financial and information technology services, operations and operation management, technical and quality management and other work in support of these companies'' work. The Group''s activities are divided into four main sections; (1) Manufacturing activities: The Group produces low voltage, medium, high and super voltage electrical cables and wires manufactured from copper or aluminum through Riyadh Cable Group Company, Saudi Modern Company for Metals and Cables and Plastic Industry, National Cables Industry, etc.; (2) Sales activities: Riyadh Cable Group Company, Saudi Modern Company for Metals and Cables and Plastic Industry, Saudi Modern Company for Special electric Wire and Cables Industry, Saudi Modern Company for Telephone Cable Industry Ltd., and National Cables Industry sell the Group''s products through multiple sales channels, which include direct sale of the Group''s contracting customers, as well as eighteen (18) sales and distribution centers of the Saudi Modern Company for Special electric Wire and Cables Industry in various cities within the Kingdom; (3) Electrical contracting projects: The Group undertakes electrical projects for High Voltage (HV) inside and outside the Kingdom through Riyadh Cables Group and Saudi Modern Company for Metals and Cables and Plastic Industry; (4) Maintenance activities: Saudi Modern Company for Cables Limited, engages in construction and maintenance of industrial buildings and production lines with the aid of a specialized team of engineers.

Company History

Riyadh Cables Group Company was incorporated in 1984, as a limited liability company named Saudi Modern Company for Cable Industry ltd With a share capital of seven million and five hundred thousand Saudi riyals (SAR 7,500,000). In 1985, the shareholders decided to increase the company''s share capital to twenty-nine million four hundred and twenty-five thousand Saudi riyals (SAR 29,425,000) Saudi riyals, and the increase in capital was covered by capitalization of the shareholders current account. In 1989, the shareholders decided to increase the company''s capital to seventy-two million Saudi riyals (SAR 72,000,000), and the capital increase was covered by capitalization of the shareholders current account. In 1990, the shareholders decided to increase the company''s capital to seventy-five million Saudi riyals (SAR 75,000,000), and the capital increase was covered by capitalizing the companies retained earnings. In 2014, the shareholders decided to convert the company from a limited liability company to a joint stock company. The Ministry of Commerce issued Decision No. 146/S declaring the company''s conversion to a joint stock company. In 2014 the extraordinary general assembly of the company decided to change the name of the company to Riyadh Cable Group Company.in addition to agreeing to increase its share capital to nine hundred million Saudi Riyals (SAR 900,000,000), the capital increase was covered by thirty seven million and five hundred thousand Saudi Riyals (SAR 37,500,000) by capitalization of the statuary reserve account, The remaining seven hundred and eighty seven million and five hundred thousand Saudi Riyals (SAR 787,500,000) were covered by the capitalization of the company''s retained earnings. In 2015, the company''s extraordinary general assembly decided to raise the share capital to one billion and five hundred million Saudi Riyals (SAR 1,500,000,000). Share Capital increase of five hundred and seventy-nine million, nine hundred sixty-six thousand and four hundred thirty-five Saudi Riyals (SAR 579,966,435) were covered by capitalization of the company''s retained earnings, and the remaining twenty million thirty three thousand and five hundred sixty-five Saudi Riyals (SAR 20,033,565) from the statuary reserve account. The company''s current share Capital is one billion and five hundred million Saudi riyals (SAR 1,500,000,000), divided into one hundred and fifty million (150,000,000) ordinary shares with a fully paid nominal value of ten Saudi Riyals (SAR 10) per share. The initial public offering process is the offering of thirty-three million (33,000,000) ordinary shares of the company''s shares.

Company Bylaws

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Equity Profile

  • Authorized Capital (SAR) 1,500,000,000
  • Issued Shares 150,000,000
  • Paid Capital (SAR) 1,500,000,000
  • Par Value/Share 10
  • Paid Up Value/Share 10

Last Update :2022-12-19

Investment limits

There are no investment limits on the company's shares as per the amended Rules for Qualified Foreign Financial Institutions Investment in Listed Securities and Instructions for the Foreign Strategic Investors Ownership in Listed Companies based on Company's bylaw and the issued Instructions by related regulators and supervisory authorities.

 

  • Company Details
  • BOARD OF DIRECTORS AND SENIOR EXECUTIVES INFORMATION
  • Date Established

    1984/01/18

  • Financial Year End

    31/12

  • Listing Date

    2022/12/19

  • External Auditors

    [KPMG for professional services]

  • ISIN CODE

    SA15LGLI0N19

  • Number of Employees

    2981

  • Chairman

    Khaled Abdulrahman ALqwez
    Independent

    Khaled Abdulrahman ALqwez
    • BD Session Start
      2022-03-01
      Designation
      Chairman
    • BD Session End
      2025-02-28
      Classification
      Independent
    • Qualification
      Fellowship, Chartered Insurance Institute, United Kingdom, 1992G. Bachelor's degree in Urban Planning, University of Washington, Seattle, USA, 1980G
    Companies Membership
    • Memebrship Name
      Saudi Emcor Company
      Start Date
      2015-01-01
    • Memebrship Character
      Board Member
      End Date
      -
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      Unique Solutions for Chemical Industries (USCI)
      Start Date
      2015-01-01
    • Memebrship Character
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      End Date
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      Start Date
      2019-01-01
    • Memebrship Character
      Board Member
      End Date
      -
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      Start Date
      2019-01-01
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      End Date
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    • Memebrship Name
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      Start Date
      2014-01-01
    • Memebrship Character
      Board Member
      End Date
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  • Board of Directors

    Mohamed Hekmat Saadaldain Al Zaim Deputy Chairman - Non Executive

    Mohamed Hekmat Saadaldain Al Zaim
    • BD Session Start
      2022-03-01
      Designation
      Board of Directors
    • BD Session End
      2025-02-28
      Classification
      Deputy Chairman - Non Executive
    • Qualification
      Bachelor's degree in Electrical Engineering, King Saud University, KSA, 2002G
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      GREEN SOLUTIONS COMPANY
      Start Date
      2021-01-01
    • Memebrship Character
      Board Member
      End Date
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      CITY CEMENT COMPANY
      Start Date
      2016-01-01
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    • Memebrship Name
      FUTURE CERAMICS COMPANY
      Start Date
      2016-01-01
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      Deputy Chairman
      End Date
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      Start Date
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      Start Date
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      Afaq Al-Hikmah Company
      Start Date
      2013-01-01
    • Memebrship Character
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      End Date
      -
    • Memebrship Name
      Al Afaq Development Company
      Start Date
      2011-01-01
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    • Memebrship Name
      ROBOU EL YASMEEN COMPANY
      Start Date
      2011-01-01
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      End Date
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    • Memebrship Name
      International Trading & Contracting Compan
      Start Date
      1997-01-01
    • Memebrship Character
      Board Member
      End Date
      -

    Ahmad Samer Hamdi Saadaldain Al Zaim Non - Executive

    Ahmad Samer Hamdi Saadaldain Al Zaim
    • BD Session Start
      2022-03-01
      Designation
      Board of Directors
    • BD Session End
      2025-02-28
      Classification
      Non - Executive
    • Qualification
      Bachelor's degree in Economics, the State University of New York, USA, 1992G Bachelor's degree in Business Administration, Lebanese American University of Beirut, The Republic of Lebanon, 1987G
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      LIGHTECH COMPANY
      Start Date
      2009-01-01
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      End Date
      -
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      Start Date
      2009-01-01
    • Memebrship Character
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      End Date
      -
    • Memebrship Name
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      Start Date
      2005-01-01
    • Memebrship Character
      Deputy Chairman
      End Date
      -
    • Memebrship Name
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      Start Date
      2004-01-01
    • Memebrship Character
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      End Date
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      Start Date
      2017-01-01
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      End Date
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    Ziad Fouad Fahd Al Saleh Non - Executive

    Ziad Fouad Fahd Al Saleh
    • BD Session Start
      2022-03-01
      Designation
      Board of Directors
    • BD Session End
      2025-02-28
      Classification
      Non - Executive
    • Qualification
      Master of Business Administration, International University in Geneva, Switzerland, 2004G Bachelor of Business Administration, University of Miami, USA, 2002G.
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    • Memebrship Name
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    • Memebrship Character
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    • Memebrship Name
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    • Memebrship Character
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    • Memebrship Name
      Al-Romansiah Company
      Start Date
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    • Memebrship Character
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      End Date
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    • Memebrship Name
      Al Zahrawi Medical Supplies
      Start Date
      2013-01-01
    • Memebrship Character
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      End Date
      -
    • Memebrship Name
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      Start Date
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    • Memebrship Character
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      End Date
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    Fahad Mahmoud Zuhdi Malhas Independent

    Fahad Mahmoud Zuhdi Malhas
    • BD Session Start
      2022-03-01
      Designation
      Board of Directors
    • BD Session End
      2025-02-28
      Classification
      Independent
    • Qualification
      Bachelor of Business Administration, American University of Beirut, 2000G
    Companies Membership
    • Memebrship Name
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      Start Date
      2014-01-01
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      Deputy Chairman
      End Date
      -
    • Memebrship Name
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      2020-01-01
    • Memebrship Character
      Deputy Chairman
      End Date
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    • Memebrship Name
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      Start Date
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    • Memebrship Character
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      End Date
      -
    • Memebrship Name
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      Start Date
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    • Memebrship Character
      Advisor to the Board
      End Date
      -
    • Memebrship Name
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      Start Date
      2009-01-01
    • Memebrship Character
      Board Member
      End Date
      -

    Abdulwahab Abdulkareem Abdulrahman Albtairi Independent

    Abdulwahab Abdulkareem Abdulrahman Albtairi
    • BD Session Start
      2022-03-01
      Designation
      Board of Directors
    • BD Session End
      2025-02-28
      Classification
      Independent
    • Qualification
      Master of Business Administration, London Business School, UK, 2010G Bachelor of Finance, King Fahd University of Petroleum and Minerals, KSA, 1999G
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      Start Date
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    • Memebrship Name
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    • Memebrship Name
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    Raed Ibrahim Suleiman AlModaihim Non - Executive

    Raed Ibrahim Suleiman AlModaihim
    • BD Session Start
      2022-03-01
      Designation
      Board of Directors
    • BD Session End
      2025-02-28
      Classification
      Non - Executive
    • Qualification
      Master's degree in Electrical Engineering, King Saud University, KSA, 1992G Bachelor's degree in Electrical Engineering, King Saud University, KSA, 1986G
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      MASDAR BUILDING MATERIALS COMPANY
      Start Date
      2014-01-01
    • Memebrship Character
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      End Date
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    • Memebrship Name
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      Start Date
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    • Memebrship Character
      Chairman
      End Date
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    • Memebrship Name
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      Start Date
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    • Memebrship Character
      Deputy Chairman
      End Date
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    • Memebrship Name
      JEDDAH AIRPORTS COMPANY
      Start Date
      2021-01-01
    • Memebrship Character
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      End Date
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    • Memebrship Name
      BAWAN COMPANY
      Start Date
      2011-01-01
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      Start Date
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  • Senior Executives

    Borjan Milorad Boro Sehovac CEO

    Borjan Milorad Boro Sehovac
    • BD Session Start
      2021-08-01
      Designation
      Senior Executives
    • BD Session End
      -
      Classification
      CEO

    Bahaa Ahmed Bakr Eissa CFO

Bahaa Ahmed Bakr Eissa
  • BD Session Start
    2005-09-20
    Designation
    Senior Executives
  • BD Session End
    -
    Classification
    CFO

Investor Relations

Contact Name:

Mouaaz Alyounes

Company Address:

The Second Industrial Area, Alkharj Road, Riyadh, The Kingdom of Saudi Arabia

Contact Details:

Telephone: 00966112650850
Fax: 00966112654061
Email: mouaaz.alyounes@riyadh-cables.com

Company Website:

www.riyadh-cables.com


Name Ob Subsidiary Percentage Of Property Main Business Location Of Operation Country Of Operation
Saudi Modern Company for Metals and Cables and Plastic Industry 100.00% The polyethylene industry, the manufacture of sheets, sheets, bars, rods, skewers, corners, wires and sections in all their forms, smelting, rolling, pulling, purification, copper alloy and mixtures, the manufacture of metal fixing clamps, and the manufacture of insulated copper wire and cable. Riyadh, The Kingdom of Saudi Arabia. Riyadh, The Kingdom of Saudi Arabia.
Saudi Modern Company for special Electric Wire and Cables Industry 100.00% Non-ferrous plain manufactures, brass insulated wire and cable industry, aluminum insulated wire and cable industry. Riyadh, The Kingdom of Saudi Arabia. Riyadh, The Kingdom of Saudi Arabia.
Saudi Modern Company for Telephone Cable Industry Ltd. 100.00% Wooden pallets industry, fiber optic cable industry, brass insulated wire and cable industry. Riyadh, The Kingdom of Saudi Arabia. Riyadh, The Kingdom of Saudi Arabia.
Riyadh Cables Company 100.00% Extension of pipes of all kinds for electricity, communications, etc., installation of electrical equipment and household appliances including heating plates, installation, maintenance and repair of refrigeration and air conditioning systems. Riyadh, The Kingdom of Saudi Arabia. Riyadh, The Kingdom of Saudi Arabia.
Saudi Modern Company for Cables Limited 100.00% Public construction of non-residential buildings such as schools, hospitals, hotels and construction of prefabricated buildings in sites. Riyadh, The Kingdom of Saudi Arabia. Riyadh, The Kingdom of Saudi Arabia.
Gulf Company for Electrical Works L.L.C. 100.00% Import of electrical and communications cables Muscat, Oman Oman
National Cables Industry, single shareholder limited liability company 100.00% Manufacture of cables and flame retardant metal tape, the manufacture and distribution of electrical power transmission equipment and the manufacture of electrical wiring and communication wires Sharjah, United Arab Emirates United Arab Emirates
Al Rowad Company for Production of Electrical Cables and Wires Limited 100.00% Manufacture of wires and electrical cables all types and sizes, including low, medium and high voltage wires, et cetera, and all works that fall within the civil, mechanical and electrical jurisdictions for the above mentioned purpose, as a contribution to the development of this aspect of the national economy; the import and purchase of raw materials involved in the production of electrical wires and cables, whether manufactured or semi manufactured, both inside and outside Iraq. Baghdad, Iraq Iraq
Iraqi National Company for the Manufacture of Cables 100.00% Manufacture of electrical wires and cables of all types and sizes, including low, medium and high voltage wires, et cetera, and all wires and cables that fall within the civil, mechanical and electrical jurisdictions for the above purpose, as a contribution to the development of this aspect of the national economy Baghdad, Iraq Iraq
Qatar Cables Company 50.00% Business of trading in electrical cables Doha, Qatar Doha, Qatar
Gulf and Riyadh Company for the Manufacture of Electrical and Electronic Cables and Wires 50.00% The manufacture of electrical and electronic cables and wires Kuwait Kuwait
Arabian Gulf Company for Electrical Cables 49.00% The main activity of the company is electrical and electronic contracting. Kuwait Kuwait
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