Saudi Cable's Q3 2026 profit falls 50%

[Attaqa] Saudi Cable Company, a producer of high-voltage wires, reported a 50% drop in third-quarter 2026 profit, according to Attaqa. The company attributed the decline to higher costs and rising raw material prices, as well as geopolitical challenges that affected transportation and logistics services. Net profit fell in the July-to-September period, according to the report, which did not disclose the figure.