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Saudi Cable Co. 2019 Annual Results

Revenue
SAR 388M
Net Profit
SAR -62M

Saudi Cable Co. (2110) reported full year 2019 revenue of SAR 388M, down 57.5% from SAR 912M in 2018. Net profit came in at SAR -62M, up 9.9% year on year. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric20192018
RevenueSAR 388MSAR 912M
Net ProfitSAR -62MSAR -69M
Gross ProfitSAR -6MSAR -47M
Net Margin-15.9%-7.5%
ROE-65.6%-42.4%
Total AssetsSAR 1.25BSAR 1.40B
Total EquitySAR 94MSAR 162M

Year on Year Comparison

Revenue decreased by 57.5% compared to 2018. Net profit increased by 9.9%. Revenue declined but profit grew — indicating improved efficiency or cost control.

Financial data sourced from CMA-mandated XBRL filings published on the Saudi Exchange (Tadawul). Data processed and structured by Sahm Screener (sahmscreener.com). Updated nightly. Last updated: 2020-04-01.