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Middle East Specialized Cables Company Stock Price

SASE:2370 Community·ر.س763.2m Market Cap
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2370 Share Price Performance

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-38.75 (-100.00%)
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-38.75 (-100.00%)
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Snowflake Analysis

Excellent balance sheet and slightly overvalued.

2 Risks
2 Rewards

Middle East Specialized Cables Company Key Details

ر.س1.4b

Revenue

ر.س1.2b

Cost of Revenue

ر.س212.8m

Gross Profit

ر.س121.1m

Other Expenses

ر.س91.7m

Earnings

Last Reported Earnings
Sep 30, 2025
Next Reporting Earnings
n/a
2.29
15.05%
6.49%
25.3%
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About 2370

Founded
1992
Employees
n/a
CEO
Christian Scholz
WebsiteView website
www.mesccables.com

Middle East Specialized Cables Company, together with its subsidiaries, manufactures and sells fiber optic cables, steel insulated wires and cables, copper insulated wires and cables, and aluminum insulated wires and cables in Saudi Arabia and the United Arab Emirates. The company offers instrumentation and process cables for use in oil, gas and petrochemical, automation and process control, and marine and offshore industries; building wires that are used in new constructions; power and control cables that are used in construction and industrial applications; and data and communication cables, such as co-axial, LAN, computer, telephone, and system cables. It also manufactures PVC compounds for wire and cable insulation and sheathing applications; and flexible cables used in various applications, including machine tool manufacture, power stations, heating and air conditioning installations, etc. In addition, the company produces and sells fire cables used as a fixed wiring within buildings for fire alarms systems; irrigation cables used in commercial sprinkler and irrigation systems, golf courses, public parks, plantations, and commercial produce farms; and bare copper used in earthling electrical systems and overhead electrical transmission and distribution system. The company was incorporated in 1992 and is based in Riyadh, the Kingdom of Saudi Arabia.

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